Expectations for the upcoming week
Starting on Tuesday, the upcoming week will be full of statistics. On Tuesday, the main event of the day will be the publication of employment data in the UK. Expectations on it remain very positive. At the same time, Brexit acts as a deterrent for the pound, the risks around which are the main driver for the sale of the pound.
Wednesday and Thursday of the current week remain the most intense days in recent months, thanks to the publication of data on the GDP of Japan and Germany, inflation in the UK and employment in Australia. As a result, the news background will set market sentiment. Also on Thursday will be a speech by US Federal Reserve Chairman Powell, who will be expected to confirm the tight monetary policy of the United States.
Trading on Friday will not be so eventful, but on this day there will be significant inflation data in the eurozone. In the first half of the day, the ECB President Draghi will speak, indicating a very volatile closing of the week. (Anton Hanzenko)
Read also: “Stock Indices : Asia-Pacific Region”
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