Markets in anticipation of the minutes of the Federal Reserve today

During today's session the most important news coming from Europe to the level of inflation and the US, where we expect the minutes of the Federal Reserve.

European session began with data from Germany at 09:00 on retail sales. Forecast to decrease to 0.2% compared to 1.6% for the previous month and year on year to 0.7% from 1.7%. at 10:55 will become clear and the level of unemployment in Germany, is expected to keep the level of 6.6%. At 12:00 hours we will turn our attention to the rate of inflation across the euro area, but analysts say it will decrease to -0.1% from 0.3% yoy, which will be the first negative decline since 2009. At the same time expected results and the level of unemployment in the euro zone, expectations are changed from 11.5% to none. After Release is expected to increase volatility, and if the forecasts come true is possible to see a decrease in the single currency.

US news session began in 15:15, will become clear when employment in the private sector, with projections of 226,000 to 208,000 for the previous reporting period. At 15:30 will become clear and the trade balance in the US, where analysts will see an increase to -42.000mlrd. to -43.432mlrd. for the previous period. At 17:00 will izeze and Release for the Canadian index PMI, and are expected to decrease to 52.0 compared to 56.9 for the period. At 17:30 expected data on oil inventories in the US, but changes are not expected, as the previous period results showed 385.5 million. Barrels while the change is likely to see an impact on oil prices.

21:00 grabs our attention on the minutes of the Fed meeting. Investors will be looking for signals on the direction of future development policy of the central bank and if possible early increase in interest rates. Expected strong volatility on the dollar and stock indices.

Varchev Finance