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Welcome and good morning thank you for joining us for Tuesday’s daily market review brought to you by Anyoption.com.
According to OECD secretary-general Angela Maria slow productivity growth and rising inequality continue to plague the global economy.
Many oil companies might be forced to tighten their budgets as official forecasts indicate that oil might be headed lower in the coming weeks.
Fear returns to investors as UK posted a record current-account deficit.
Changing prices of goods sold by corporations in Japan is expected to increase by 0.1 percent which will most likely support the Yen against the dollar.
The Australian diffusion index is expected to cause a relatively low volatility of the pair but it will be carefully monitored as it is considered a leading indicator of economic health.
Change in German CPI is supposed to remain at 0.1 percent which will cause no market volatility for the year ago against the dollar.
High volatility might be expected for the pound today during the hearings of bank of England at the parliaments Treasury committee.
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