Expectations for the upcoming week

The coming week is full of data on different countries, among which are reports on inflation in the eurozone and speeches by the heads of the world’s Central Bank. At the same time, the main  market focus remains on US trade relations and possible trade conflicts, the concerns about which have been weakened recently. At the same time, the problem will continue to be acute and any statement in this direction may cause another wave of running from risks, followed by pressure from commodity currencies and stock indices, which are growing at the start of the week.

Also, concerns about the growth in the oil supply in the United States are returning to the oil market. So, in a week there will be a number of news on oil production in the US and a report of OPEC will be published, that against the backdrop of the current dynamics, can increase pessimism about the cost of oil.

Hanzenko Anton