Market focus

On Thursday, July 5, 2018, activity on the market will return to normal after the day-off in the US. However, because of the weekend in the US, Thursday will be saturated with news on the United States. The first half of the day promises to be very low-key. It is worth highlighting the speech of the head of the Bank of England Karni and the president of the Bundesbank Weidmann.

The second half of the day is full of news on the US. Among them, special attention should be paid to the number of non-farm workers from ADP, initial applications for benefits, activity in the non-production sector and publication of the FOMC protocol. Also, there will be data on oil reserves in the US, which will affect the dynamics of the oil market. At the same time, the market will be especially sensitive to the data on employment in the US, which is due to the expectation of a Friday report on employment in the US.

Hanzenko Anton