Market focus

On Wednesday, 05.12.2018, most of statistics will be on business activity in the services sector, which will set the news background with an increase in optimism in terms of a truce.

At the start of the day, market attention will be focused on Australian GDP and business activity in the Chinese services sector. Also in the morning, the ECB President Draghi will speak. His speech may have a volatile impact on the market.

The European session will be mainly full of statistics on business activity in the services sector. In the American session, the focus of the market will be on the meeting results of the Bank of Canada, which will probably keep its monetary policy unchanged.

Hanzenko Anton