Market focus

On Friday, August 3, 2018, the economic calendar is saturated with statistics on business activity in the services sector. The main events are scheduled for the second half of the day. So, the main event of the day and one of the significant events of the week will be the publication of the employment report in the US, which after the meeting of the Federal Reserve will have a significant impact on the market.

Despite the richness of US data in the second half of the day, the US employment report, which despite some optimistic expectations, may turn out to be very important, may cause a rise in volatility at the end of the week.

Hanzenko Anton