Market focus

On Friday, 05.07.2019, the end of the week will be saturated with data, which will make the day very volatile.

At the Asia-Pacific trading session, it is worth to highlight data on household spending in Japan. At the same time, this statistic will have a moderate local influence on the yen. In the European session, it is worth to highlight the data on industrial production in Germany and housing prices in the UK, which will also have a moderate impact on the market.

The main event of the day and week will be employment data in the United States. Expectations for the US employment report for June remain very positive, given the weak employment report for May. These statistics will set the tone not only for the American dollar, but also in the market as a whole because of the significant influence on the US Federal Reserve System.

Hanzenko Anton