(Upd) Focus of trading news on Erste News - Ester Holdings

(Upd) Focus of trading news on Erste News

During the week from November 4 to 8, the following news that are traded on Erste News are expected.

November 5:

At 05:30 – the RBA meeting  results will be published. He is expected to maintain key interest rates unchanged, but the possibility of meaningful statements is not ruled out.

At 11:30 – the PMI in the UK services sector will be released. Expectations regarding it remain restrained negative, which indicates the preservation of the downward dynamics of this indicator.

At 17:00 – the index of business activity in the service sector from the Institute for Supply Management (ISM) of the United States will be released. It displays the state of business activity, and given the signs of a slowdown in the US economy, these statistics will have a significant impact on the market.

November 7:

At 14:00 – Bank of England meeting results on monetary policy will be published, which is expected to maintain the key interest rate unchanged. The possibility of changing the voting power by changing rates does not exclude the possibility that will have a significant impact on the British pound.


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