Market focus

On Wednesday, 28.11.2018, the day will open with a speech by the head of the Reserve Bank of New Zealand, which will have an impact on the national currency. After that, significant events at the Asian and European sessions are not expected.

The main event of the day will be the publication of the report on US GDP, which is expected to provide very low-key statistics. Also in the American session it will be data on new house sales in the US, from which very positive data is expected. The day will be closed by the speech of the US Federal Reserve Chairman Powell, from whom a hint at further tightening of monetary policy in the United States will be expected, which can also significantly increase volatility against the US dollar.

Hanzenko Anton