Market focus

On Friday, 19.07.2019, the closing of the week will be restrained in terms of news.

At the Asian trading session, it is worth to highlight inflation data in Japan, from which a moderate slowdown in consumer inflation is expected. The European session will be almost empty on the news. Data on producer prices in Germany can cause an increased volatility in the euro.

In the American session, the data on retail sales in Canada is worth highlighting, from which growth is expected. If it will be confirmed, this may provide support to the Canadian dollar after weak inflation data.

Hanzenko Anton