Market focus

On Wednesday, August 14, the day promises to be saturated with significant statistics, which will cause an increase in market volatility.

At the Asian trading session, market attention will be focused on Chinese data, which will publish statistics on industrial production and unemployment. A press conference will also be held by the National Bureau of Statistics of China. Its results may cause market unrest regarding a trade war.

At the European session, attention will be focused on preliminary data on German GDP, consumer inflation in the UK and Eurozone GDP data. Particularly data on the UK, which cause concern is worth highlighting. From the American session, it is worth to highlight data on trade and stocks of crude oil in the United States.

Hanzenko Anton