Market focus

On Friday, August 23, the closing of the week will be full of data. At the start of the day, it is worth to highlight data on retail sales in New Zealand and inflation in Japan. Of particular note are statistics on New Zealand, which is expected to slow down, which may increase the pressure on the New Zealand dollar.

In the afternoon, it is worth to highlight statistics for Canada and the USA, where they will publish retail sales in Canada and new home sales in the USA. A speech of the US Federal Reserve Chairman Powell and a speech at the Jackson Hole Symposiumhe will be the main event of the day. They will be expected to give hints of further US monetary policy.

Hanzenko Anton