Market Focus

On Friday, June 1, 2018, the economic calendar will be marked with statistics on business activity in the manufacturing sector of the eurozone and the United States. Because of this, slight changes in sentiments relative to the euro during the day are possible.

The main event of Friday and the week as a whole will be the publication of a report on employment in the US. Prior to this event, the correction of positions on the American is possible, which can cause the formation of flat in the market.

Expectations from the very report on employment in the US remain very restrained, but optimistic. The expected number of newly created jobs is 188K, which is not very much and is the average for the year. Therefore, the expectations will be more optimistic, but if the expectations are not confirmed, the American expects another wave of sales.

Hanzenko Anton