Market focus

On Wednesday, October 30, the day will be full of significant statistics. At the Asia-Pacific trading session, it is worth to highlight: retail sales in Japan and inflation report in Australia. Of particular note is Australia data, as inflation rates have a significant impact on the Australian dollar.

The European session will be saturated with moderate data for Europe. At the same time, it is worth to highlight data on employment and inflation in Germany.

The US trading session will be saturated with data on the US GDP, the meeting results of the Bank of Canada and the US Federal Reserve meeting minutes. Despite the saturation of the data,  the US Federal Reserve meeting results on interest rates are worth highlighting, which is expected to reduce rates and hints for further monetary policy in the United States.

Hanzenko Anton