Market focus

On Tuesday, August 7, 2018, the day promises to be eventful. In the first half of the day, the economic calendar is full of various statistics. The main focus should be on the results of the RBA meeting, from which monetary policy is expected to remain unchanged and trade data in Germany.

In the second half of the day, the economic calendar is less saturated, but on the importance of news it remains very significant. So, there will be data on open vacancies in the US and the business climate in Canada. The day will close the report on US oil inventories from the API, which will have a significant impact on the oil market.

Hanzenko Anton