Market focus

On Wednesday, August 28, market activity will be limited by the lack of significant data in the economic calendar. In the morning, data on construction in Australia and data on the consumer climate in Germany are worth highlighting. Statistics for Germany may have a restrained effect on the euro in the face of low market activity.

In the afternoon, it is worth to highlight the EIA data on stocks of oil and petroleum products in the USA, which have a significant impact on the oil market. The risks of the trade war will continue to be the common driver of the market.

Hanzenko Anton