Market focus

On Friday, the economic calendar will be less saturated with news. In the morning, there are inflation data in Japan, the business climate in Germany and mortgage loans in the UK. Among these statistics it is worth to highlight data on Germany, which are very encouraging, despite the signals of a slowdown in the eurozone economy.

In the afternoon, all market attention will switch to the US statistics, or rather to data on durable goods orders, which have a moderate influence on the US currency, but may increase market activity at the end of the week.

Hanzenko Anton