Market focus

On Tuesday, 13.11.2018, activity in the market will resume in full after a relatively quiet Monday. The increase in activity will be caused by the publication of statistics for Europe, so the European session will be very active. Before the opening of the European session an inflation data in Germany with low expectations will be published. The main event of the day will be the publication of an employment report in the UK, which could have a significant impact on the pound, amid a slowdown in the Brexit negotiations. At the same time, expectations regarding the report remain very positive, which may contribute to the correction of the pound. Also in the European session data on economic sentiment in the euro area from ZEW will be published, which have a restrained effect on the euro.

In the afternoon, a monthly OPEC report and a report on the US budget are expected, which will also have a restrained effect on the markets.

Hanzenko Anton