Market focus

On Wednesday, 05.06.2019, the day is full of data on business activity in the services sector (PMI) of such countries: China, the eurozone, the UK and the USA. Also, in addition to PMI data, significant news will be released on this day.

At the start of the day, market attention will be focused on Australian GDP data, from which a moderate decline in the Australian economy is expected. In the European session, in addition to PMI data for key countries, they will release data on retail sales in the eurozone.

The US trading session will be full of statistics, PMI data on business activity in the services sector and stocks of petroleum and petroleum products in the United States. But the market will be focused on the ADP nonfarm employment change in the USA, which is in fact the preliminary  employment data in the USA.

Hanzenko Anton