Market focus

On Friday, 11.01.2019, at the start of the day, the market’s attention will be focused on data on expenditures and the trade balance of Japan, from which very restrained statistics with a moderate influence on the Japanese yen are expected. In the European session, all the attention of the market will switch to data for the UK, among which data on GDP and the Trade Balance are worth highlighting. Expectations from the UK statistics remain quite restrained, but in conditions of political instability can have a significant impact on the British pound.

Consumer price index in the United States can be called the main data of the day. Despite restrained positive expectations, these statistics will be considered in context with the latest dovish Fed statements, which can significantly reduce the positive impact of these statistics on the US dollar.

Hanzenko Anton