Focus of trading news on Erste News - Ester Holdings

Focus of trading news on Erste News

During the week from June 24 to 28, a significant amount of news traded on Erste News is expected.

On Wednesday, at 05:00, the interest rates decision of the Reserve Bank of New Zealand will be published, from which they expect the key interest rate to remain unchanged at 1.50%. This does not exclude the possibility of signals from the RBNZ to stimulate monetary policy.

On Thursday, at 15:30 – data on the US GDP for the first quarter will be released. Expectations regarding the data remain very restrained, about 3.1%. But it is worth noting that this is not preliminary data. If forecasts are confirmed – the US GDP will show an increase in growth rates. This will break the downward trend, which can be traced after growth in September 2018.

On Friday at 15:30 – data on Canadian GDP will be released. Forecasts for GDP remain quite restrained, which is not strange after strong March values. Predicted value may be underestimated.

Hanzenko Anton


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