Market focus

On Monday, 01.04.2019, the economic calendar is full of statistics due to the publication of business activity in the manufacturing sector (PMI) of China, Europe and the United States. In addition to PMI data, Monday is filled with another, no less significant, statistics.

At the start of the day, data will be published on the activity and moods of major manufacturers in Japan. Data is expected to slow down, which will have a restrained negative effect on the Japanese yen if confirmed.

At the European trading session, the attention will be focused on the preliminary inflation data in the euro area, from which expect moderate statistics. The American session is full of statistics, among which it is necessary to highlight the data on retail sales in the US for February. The indicator remains very significant for the American economy. And very weak expectations can cause restraint against the US dollar.

Hanzenko Anton