Market focus

On Wednesday,  26.06.2019, the economic calendar will be eventful.

At the Asia-Pacific trading session, the market will focus on the meeting results of the Reserve Bank of New Zealand (RBNZ), which is expected to maintain monetary policy unchanged, but does not exclude the possibility that the Central Bank will signal the possibility of softing rates in the future.

In the European session, attention will shift to the UK data: an inflation report and approved loans. Also a speech of the Bank of England Governor Carney will take place.

At the US trading session, attention will be focused on data on durable orders in the US, which act as a leading indicator of inflation and the US trade balance. Also crude oil stocks in the United States will be published, which have a significant impact on the oil market.

Hanzenko Anton