Market focus - Ester Holdings

Market focus

On Wednesday, 01.05.2019, in some Asian and European countries will be the the day off. Due to it a reduced activity is expected in the morning.

At the Asia-Pacific trading session, an employment data in New Zealand is worth highlighting despite the low activity, which is expected to provide very positive statistics.

In the European session, market attention will be focused on data on business activity in the UK manufacturing sector.

This day the market will be focused on data for the United States: business activity in the manufacturing sector, oil reserves, but the main event of the day will be the publication of the US Federal Reserve monetary policy meeting results. Although no change in US monetary policy is expected, the US dollar may be under the pressure from the Fed’s softer rhetoric due to weak inflation expectations.

Hanzenko Anton

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