Market focus

On Thursday, 29.11.2018, the day promises to be saturated with data. The publication of data on sales in Japan and Australia will open trading on Thursday and set the mood in the market at the start of the day. The European session will also be rich in significant statistics. Before the opening of trading in Europe will come out Switzerland’s GDP with weak  expectations toward it. After that, the publication of data on France’s GDP, employment in Germany and inflation in Germany is expected. Against the background of this statistic, the speech of the ECB President M. Draghi will take place, which will increase the volatility against the euro.

The American session also will be filled with news on costs and sales in the secondary real estate market in the United States. But the main event of the day will be the publication of the US Federal Reserve protocol, with expectations for a hint at rate hikes in December or January.

Hanzenko Anton