Market focus
On Tuesday, 16.10.2018, the economic calendar will be eventful. At the beginning of the day, market attention will be focused on consumer price data in New Zealand and China and the publication of the RBA protocol. Particularly noteworthy is the statistics on China, which will set the tone for global stock markets.
Closer to the middle of the day and the European session, attention will shift to an employment data in the UK and the eurozone trade balance. Here I would like to highlight the employment report in the UK, which, despite modest expectations, remains a very significant event for the British pound.The day will close the statistics on the United States, which will have a restrained influence on the market.