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Thursday, 25 May 2017

Trading plan for 25/05/2017

Trading plan for 25/05/2017: 
Not much volatility on financial markets during the night takes place, but the US Dollar is losing ground slightly as the FOMC minutes have shown increased Fed cautiousness over the pace of monetary tightening. Sentiment in the stock market is positive despite the recent terrorist attack in the UK. Crude oil remains high before the OPEC meeting. 
On Thursday 25th of May, the event calendar is quite busy in important data release, so market participants will pay attention to Second GDP Estimate and Business Investment from the UK, Unemployment and Continuing Claims from the US, and the National CPI Index data from Japan later in the night.


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