Market focus

On Friday, 07.12.2018, in the Asian session, market attention will be focused on data on expenditures in Japan and the speech of the US Federal Reserve Chairman Powell. Speech by the head of the US Federal Reserve will have a significant impact on the market before the publication of an employment data in the United States. In the European session, market attention will shift to data on real estate in the UK and eurozone GDP. Expectations on these news remain very restrained, despite the importance.

The main event of the day will be the publication of an employment report in the United States, which will be released in the American session. Expectations regarding data on employment in the United States remain very restrained, which may put pressure on the American dollar. At the same time, the overall employment rate remains very positive.

Hanzenko Anton