Trading plan for 05/06/2017:
Today’s volatility is limited and, given today’s holiday in many important financial centers, it is difficult to count on a change of this situation. The strong finish of the week on Wall Street does not improve the mood in Asia. Shanghai Composite and Hang Seng are under the line. Of the major indexes, only gains are rising by modest 0.2%. Nikkei225. EUR/USD retreats towards 1.1250. USD/JPY is rising above 110.50.
On Monday 5th of June 2017, the event calendar is light in economic releases, but the global investors will pay attention to set of the PMI releases from across the Eurozone, PMI Services data from the UK and Revised Nonfarm Productivity data from the US.