Market focus

On Wednesday, May 15, 2019, the day will be saturated with meaningful statistics on industrial production, GDP and inflation. This will allow the market to move away a bit from geopolitics.

The Asian session will release data on wages in Australia, industrial production and unemployment in China. Data for China will have a significant impact on the stock markets, and those, in turn, on the general mood of the market.

The European trading session will be full of preliminary data for Germany and the Eurozone, which can significantly affect the euro, especially against the background of a slowdown in the German economy.

Peak publication of data is expected at the US trades. The focus should be on retail sales in the US, which act as a leading indicator of inflation, and data on the consumer price index in Canada.

Hanzenko Anton