Expectations for the upcoming week

The beginning of the week promises to be very restrained, but it is worth noting a significant number of speeches by representatives of the ECB and the publication of the OPEC report, which, against the backdrop of calm trades, can cause the growth of volatility.

Tuesday opposite is saturated with statistics for most major countries. So, on Tuesday, the market will be focused on data on Australia, China, Germany, Britain and the United States.

Wednesday is less saturated with data, but in conjunction with Tuesday data will have a significant impact on the market. On this day, the market will be focused on data on the euro area (inflation data and Draghi’s speech).

On Thursday the market will continue to affect the published data.

On Friday, it is worth highlighting inflation in Canada. Also, do not forget about the persistence of risks associated with the trade confrontation between the United States and Iran’s nuclear issue, news of which will set the tone on the market.

Hanzenko Anton