Daily News | No big changes today

Here we are, it is the end of the trading week today, which can only mean one thing: it is your last chance to make a profit on the market before it closes for the weekend! We don’t expect any big changes to happen since the market looks pretty stable today. Let’s start by examining what could happen in the Japanese market first. The biggest potential price influences in the country’s economy are the National Consumer Price Index, with and without energy and fresh food, as well as the Tokyo Consumer Price Index. The National Consumer Price Index is expected to rise slightly, while the Tokyo Consumer Price Index will have a smaller drop. Based on these projections, the yen should either experience a slight increase in value, or remain the same as it was previously. We can expect the same turn of events in Europe with the euro, as the current standing of the French GDP does not seem to leave room for either a rise or fall in the euro’s standing. Lastly, let us look at the U.S. dollar, which will be influenced by the GDP and personal consumption. Once again, market indicators seem to be standing still for the USD, leaning neither towards a bullish or bearish day for the American currency, so no big changes should happen here, either.

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Author: Max Rothstein
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