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 for 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 selling 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 mood in the market will set the news background. Also on Thursday a speech by US Federal Reserve Chairman Powell will take place. It is expected from him to confirm the tight monetary policy of the United States.
Trading on Friday will not be so saturated with events, but on this day there will be significant inflation data in the eurozone and the ECB President Draghi speech in the morning, indicating a very volatile closing of the week. (Anton Hanzenko)
Read also: “Stock Indices: Asia-Pacific Region”.
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
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