Market focus

On Thursday, August 1, the economic calendar is saturated with data on business activity in the manufacturing sector (PMI).

At the start of the day, market attention will be focused on data on business activity in the manufacturing sector (PMI) of China, which will affect the dynamics of stock indices.

The European trading session is full of data on business activity in the manufacturing sector (PMI) of France, Germany, the UK and the eurozone. In this case, the main event of this session will be a meeting of the Bank of England. He is expected to maintain monetary policy, but does not exclude the possibility of soft rhetoric.

In the American session, market attention will be directed to applications for unemployment and business activity in the United States.

Hanzenko Anton