Market focus

On Tuesday, August 14, 2018, unlike Monday, the day promises to be eventful, especially its first half. At the beginning of the day, investors’ attention will be focused on the data on China, specifically industrial production, that is expected to grow. If the expectations are justified, these statistics may cause an increase in optimism in the market, which will strengthen the correction of the overbought US dollar.

Toward the middle of the day, market attention will shift to data on the euro area and employment in the UK. Particular attention should be paid to statistics on Germany and the eurozone, which after the collapse of the euro will be very acute.

Hanzenko Anton