Market focus

On Thursday, 04.07.019, the saturation of the economic calendar will decrease, mainly due to the US holiday – Independence Day.

In the first half of the day data on retail sales in Australia and inflation in Switzerland are worth highlighting, which will have a restrained effect on national currencies.

In the European session, there will be retail sales data and a number of statements by the ECB representatives. Since in the USA this day is a weekend, in the second half of the day we should expect a decrease in activity.

Hanzenko Anton