Market focus

Thursday, June 28, 2018, promises to be saturated with statistics. In the first half of the day, the focus of the market will be on the decision of the RBNZ on interest rates and inflation data in the euro area. Concerning the monetary policy of the Central Bank of New Zealand, it is not necessary to expect significant changes, but the accompanying speech may cause the growth of volatility. Preliminary data on inflation for key eurozone countries can have a significant impact on the euro.

In the second half of the day, the focus of the market will be on US GDP data, from which expect discreet data. In this case, the expectation of this statistics and direct publication can cause a correction of positions on the American dollar.

Hanzenko Anton