Market focus - Ester Holdings

Market focus

On Friday, May 17, 2019, the saturation of the economic calendar will decline by the end of the week. At the beginning of the day, attention should be paid to data on business activity in New Zealand and Japan, which will have a restrained influence on national currencies.

The European trading session will focus on the data on the consumer price index in the eurozone, which will be the main event of the day, despite the fact that expectations for inflation in the eurozone remain very restrained.

Trades in the American session will be held without significant scheduled news. This indicates a complete dependence of the market on the general sentiment, which will be dictated by the risks of the US trade war.

Рanzenko Anton

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