Market Focus

On Thursday, May 31, 2018, the day promises to be full with a variety of statistics for all major countries. So, at the beginning of the day, the market will be focused on business activity in China, which will have an impact on the stock exchanges.

At lunchtime, statistics on the euro area will show inflation and employment, which, according to forecasts, could have a significant impact on the euro. Also worthy of attention are the data on Spain’s GDP and Italy’s inflation, which may affect the euro after political risks.

In the second half of the day, the market will be focused on Canada’s GDP data. The expected statistics for the US are likely to carry a background character in the correction of positions before Friday’s report on employment in the US.

By the end of the day will be data on the US oil reserves from the EIA, which will have a significant impact on the oil market.

Hanzenko Anton