Market focus

On Thursday, 08.11.2018, in the first half of the day, market attention will be focused on data on the trade balance of Japan and Germany. Also in this period employment data in Switzerland will be published, from which no significant changes are expected. Trade balance data will have a restrained influence on the market.

In the afternoon, the market’s attention will be fully focused on the results of the US Federal Reserve meeting, which is expected to maintain monetary policy without change. At the same time, the market will expect hints of another rate increase from the Fed this year. If these expectations will be confirmed it will give a support for the American dollar.

Hanzenko Anton