Market focus - Ester Holdings

Market focus

On Thursday, July 26, 2018, the main event of the day and week will be the publication of the results of the ECB meeting. However, no significant changes in the monetary policy of the eurozone are expected, but any comments or expectations regarding the incentive program can be regarded as a strong driver for the euro movement.

Also, tentatively, OPEC meeting is expected on this day, which will affect the dynamics of oil. Special attention of the oil market will be payed to comments on the volumes of production and exports.

At the end of the day, a news block for the US is expected, which will publish orders for durable goods, trade balance and initial claims for benefits. This block in the complex can have a significant impact on the American dollar.

Hanzenko Anton

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