Market focus

On Thursday, July 19, 2018, the economic calendar is saturated with a variety of statistics. At the beginning of the day, market attention will be focused on the data on Japan’s trade balance and employment in Australia. At the same time, expectations from these news are restrained, but may cause volatility in national currencies.

The European session will not be full of news. Attention should be focused on retail sales in the UK, which, after weak inflation data in the UK, can be perceived by the market and the pound very sharply.

By the end of the day there will be statistics on the US, which remains largely formal, but will affect the overall dynamics of the US currency.

Hanzenko Anton