Market focus

On Tuesday, 28.05.2019, market activity will return to normal, and the economic calendar will be eventful.

In the first half of the day, market attention will be focused on Swiss GDP and consumer climate in Germany. The pressure on the Swiss franc may increase due to the weak expectations for the Swiss economy and the growth of optimism in the stock markets, .

In the afternoon, there will be data on mortgages in the UK and consumer confidence in the United States. The US data deserve special attention, since after the recent weak data on the US business activity, these statistics can be perceived very sharply by the market. Moreover, in terms of trade risks, any US statistics can be perceived by the market very sharply.

Hanzenko Anton