Market Focus - Ester Holdings

Market Focus

On Tuesday, May 22, 2018, the main event of the day will be the publication of the report on inflation in the UK and a series of statements by representatives of the Bank of England, which will be held before the report. Therefore, on Tuesday the British pound expects very high volatility.

On the oil market, which recently continues to show growth, on this day will be the publication of data on oil reserves in the US from the API, thereby slowing the strengthening of oil prices. If the prevailing dynamics persists, oil quotes may accelerate the decline on repulsion from the annual highs.

Hanzenko Anton

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