FOCUS OF THE WEEK!
Dear traders,
The first week of summer promises to be hot in terms of news thanks to the publication of data on GDP and the balance of trade. Also, the market will continue to assess the US employment report, published on June 1, and US trade relations, which limit the strengthening of the American.
In addition to the American, the market will be focused on the Australian dollar this week due to publication of the decision on the interest rates of the Reserve Bank of Australia, on Tuesday. On Wednesday, the market will be focused on Australia’s GDP, and on Friday on Japan’s GDP, which will make the week volatile not only against the US dollar.
The corporate reports will be published by: Brown Forman (BFb), Signet Jewelers (SIG), Broadcom (AVGO), Cooper (COO) and JM Smucker (SJM).
The market will continue to be focused on the US trade confrontation next week and on the political situation in the euro zone, which will set the mood of the market. (Anton Hanzenko)
Have a good trading week!
Trade and earn!
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!
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