Market Focus

On Wednesday, June 13, 2013, the economic calendar also will be full of news. In addition to statistics on the euro area, the United States and oil production data in the US, the market on this day will expect an increase in US Federal Reserve rates to 2.00%.

In the first half of the day, the market expects publication of inflation data in the UK, which, after a number of statistics for this country, will only increase volatility per pound.

In the afternoon, despite the richness of different data, the market will focus on the results of the meeting of the US Federal Reserve and a follow-up press conference, which will be expected to hint at yet another rate increase this year.

Anton Hanzenko