Expectations for the upcoming week
This week the economic calendar will be filled with significant statistics in the form of a business activity report (PMI) and a number of presentations by representatives of Central Banks. In addition to the PMI data, which will be released in China, the eurozone, the UK and the USA in the second half of the week, it is worth noting inflation data, which will have a more significant impact on the market.
So, on Tuesday there will be a hearing on inflation in the UK, on Wednesday the consumer price index (CPI) in Canada will be released, on Friday an inflation data in the eurozone will be published. On Thursday, market attention will be focused on preliminary data on the US GDP.
The US – China trade talks continues to be a significant fundamental factor for the market, which, despite significant progress, remain the main risk factor. (Anton Hanzenko)
Read also: “Stochastic Oscillator (Stochastic) is another useful indicator”
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
Hotline +448 000 698 464