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Market focus
On Tuesday, August 13, the economic calendar will return normal data saturation.
Starting from the European session, it is worth to highlight data on consumer inflation in Germany and Spain. Also in Germany economic sentiment will be published.
The focus of the market in the morning will be on the UK employment data. Forecasts on them remain very restrained, despite clear signs of a slowdown.
At the American session, the main event will be the data on the consumer price index (CPI) in the United States. Expectations on them remain restrained.
Hanzenko Anton