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Week overview 07.04 – 14.04

 
     At the moment, geopolitical risks attract the attention of market participants. Terror acts in Russia and Europe, the escalation of the situation in the Middle East, the tension of relations between the US and Russia. All this adds uncertainty to the markets, but don’t forget about the statistics, which will be enough this week.
 
The UK inflation
 
     On Tuesday, together with the Producer Price Index, will be published the Consumer Price Index in Albion. The state of inflation in the country will influence the policy of the Bank of England, so the indicator will be very important for the British currency, which is under constant pressure due to the exit of the United Kingdom from the EU.
 
The UK labor market
 
     One of the reasons for the concern of the British regulator is the decline the growth of wages. On Wednesday, with data on unemployment in Britain, will issued the Average Earnings Index. If the indicator will not show worthy results, the pressure on sterling may increase.
 
Canada Interest Rate Decision
 
     Market participants don’t expect that the Canadian regulator will be change Interest Rates. There are both positive changes in the economy and a decline some indicators, so it will be interesting what position of the Bank of Canada will be voiced Stephen Poloz at a press conference.
 
Germany Inflation
 
     After decline the Consumer Price Index in the Eurozone, data from Germany could support a single currency if the meanings will be in the green zone. Inflation in Europe continues to disturb members of the ECB, forcing officials to talk about preservation monetary policy unchanged.
 
Inflation in the US
 
     On Friday, market participants will follow the block of data from the US. Despite the unemployment rate in the United States decreased to a record 4.5%, the remaining economic indicators were not so impressive. In this regard, the data of inflation and Core Retail Sales will be very interesting. The slowdown of inflation could a serious pressure on the US dollar in the short term.