Market focus

On Thursday, 09.05.2019, a significant statistician will be released in China and the United States. Therefore, an increase in volatility is expected in the Asian and American sessions.

At the beginning of the day an inflation data in China will be published. They are expected to have very positive data, which, under the conditions of confirmation, may cause an increase in optimism in stock markets and the market.

The US trading session will be saturated with data due to the publication of the US trade balance, producer prices in the US and the Canada trade balance. Also on this day will be the speech of US Federal Reserve Chairman Powell, who with his speech may cause an increase in volatility in the US dollar.

Hanzenko Anton