Market focus

On Friday, July 12, 2019, the close of the week will contain a small amount of significant news.

In the morning, we should highlight data on business activity in New Zealand and preliminary data on China’s trade balance. It is worth to note the data on China, which will set the mood in the market and partially reflect the consequences of a trade war.

In the afternoon, market attention will shift to the US data: producer prices and the Fed report. The data will continue to have a significant impact on the market and the US dollar in particular.

Hanzenko Anton