Market focus

On Wednesday, July 25, 2018, the day is full of statistics. So, at the start of the day, the market’s attention will be focused on the data on New Zealand’s trade balance and inflation in Australia, due to which the day will begin very volatile. By the middle of the day, market attention will shift to the business climate in Germany.

By the end of the day data on the new home sales in the US and a report on oil inventiries in the United States will be in the focus of the market. If the statistics on real estate can be perceived restrained, while the expectations remain very negative, then the data on oil reserves will have a significant impact on the dynamics of oil quotations.

With unplanned news, the market is still waiting a development with Trump’s comments on a strong dollar and resolving the tension situation between the US and Iran.

Hanzenko Anton