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Wednesday, 31 May 2017

Trading plan for 31/05/2017

Trading plan for 31/05/2017:
 Not much changes across the financial markets overnight. The Asian session was noted with low volatility, Shanghai Composite is up 0.2% and the Japanese Nikkei is losing 0.3%. On FX market only the British Pound is losing ground as the YouGov poll for The Times pointed out that Tories could run out of 16 seats to reach a majority in parliament.
 On Wednesday 31st of May, the event calendar is quite busy with important economic releases, so global investors will pay attention to PMI Manufacturing data from China, German Unemployment Rate, and Retail Sales data, Net Lendings to Individuals and Mortgage Approvals from the UK, CPI and Unemployment Rate in the Eurozone, Gross Domestic Product from Canada and Pending Home Sales from the US.


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