Expectations for the upcoming week
The trading week of the end of July – start of August promises to be full of news. Despite the fact that the upcoming week promises to be saturated with statistics and business activity data, also the results of the meeting of the central banks of Japan and the UK and the inflation data in the euro area will be published.
The main event of the week will be the publication of the Fed meeting results on Wednesday. This meeting remains a very significant event of the week due to the fact that the US Fed’s tough exchange rate will be confirmed or changed. On Friday, there will be employment data in the US, which will also be outshone with the results of the Fed meeting. As a result, the market by the end of the week may be under considerable influence of fundamental factors.
Read also: “The index of business activity of Japan from Tankan”. (Hanzenko Anton)
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- In Focus: Analysis of transactions for a EUR/USD pair during the week
- Stock indices: European Union
- Emerging markets and their prospects: Russian Ruble (RUB)
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
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