Market focus

On Tuesday, July 10, 2018, the day is very saturated with statistics on: inflation in China, production and trade balance in the UK, economic sentiment in the euro area, real estate in Canada and open vacancies in the US. In the Asian session, the mood on the market will be set by inflation data in China, which in the end can set the tone for stock indices for the whole day.

At the European trade session, attention will be focused on data on industrial production and trade balance of the UK. In the eurozone statistics on economic sentiment will play not the last role.

At the American session, investors will first focus on construction in Canada. The data can have a significant impact on the dynamics of the Canadian dollar before the upcoming meeting of the Bank of Canada. Near the end of the day, the market’s attention will shift to statistics on open vacancies and oil reserves from the API.

Hanzenko Anton