Market focus

On Monday, July 16, the beginning of the week promises to be very informative, despite the fact that this day in Japan is a day off. At the beginning of the day, the mood on the market will set data on GDP and industrial production in China. Also, the market after the weekend will expect data on the trade confrontation between the US and China.

In the middle of the day, the euro area trade balance will be published, but more significant news will come out in the US towards the end of the European session. Data on retail sales in the US will have an impact on the possibility of tightening monetary policy in the United States.

Hanzenko Anton