Kim Jong Un gave the morning freshness to the markets


On the external neutral background, the Australian dollar yesterday showed a slight, within the fluctuation, an increase of 11 points. Today, the data came out negative, but only the news of a peaceful meeting of trump with Kim Jong-UN slightly revived optimism in the market.

The volume of investment in real estate in April reduced the decline- only -0.9% against -9.0% in March. The volume of housing loans in the same month fell by 1.4%, but the forecast was -1.7% (the March figure was revised for deterioration from -2.2% to -2.3%). The NAB business confidence index fell from 10 to 6 in the previous month with the expectation 9. The observed growth in the range of 0.7610/20 may be completed, then we expect the price to return to 0.7570, and further decrease to 0.7440 - the probability of an increase in the Fed's rate is 93%.


The material has been provided by InstaForex Company -