Focus of trading news on Erste News
During the week from July 8 to July 12, a significant amount of news traded on Erste News is expected, the bulk of which will be concentrated on Wednesday and Thursday.
- On Wednesday, July 10, several news will be published the same time, on which trading is possible:
At 11:30 – a series of data on the UK will be published: GDP and industrial production. Expectations regarding them remain very positive, which can be very high. Especially considering the slowdown in the UK economy.
At 17:00 – the Bank of Canada meeting results at interest rates will be released. It is expected that the Central Bank of Canada will maintain key interest rates unchanged at 1.75%. But the possibility of soft rhetoric of the Central Bank, due to risks, is not excluded.
- On Thursday:
July 11, at 15:30 – an inflation data in the United States. These statistics remain a very significant indicator for the US economy. At the same time, it is worth to highlight the positive expectations, the confirmation of which can provide significant support to the American dollar.
Also on Thursday, July 11, at 10:30 – an inflation data in Sweden will be released. Expectations regarding it remain very modest, and published data will have a local impact on the Swedish krona.
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