Data under the clouds of war – Can you monetise it?

If you are unable to see the message below, [click here to view](. Australia’s interest rates, Europe’s GDP and he world’s service PMIs – all suffering from the uptick of US-China trade hostilities [Visit our website]( [AvaTrade] This Week’s Major Events Tuesday, June 4th at 4:30 AM GMT RBA Interest Rate Decision There’s a consensus that Australia will lower its interest rates this month by a quarter of a percent, despite a positive activity outlook and improved construction data last week. Unfortunately, 2018’s 2nd half GDP grew at a below-trend 2.3%, a 2-year low, and Wednesday’s Q1 reading does not promise to be much better – as inflation weakens and unemployment rises. At blame: primarily a continuing weakness in the Chinese economy – Australia’s principal trading partner. Will tariffs squeeze interest rates? [TRADE AUDJPY]( Wednesday, June 5th 0:30 AM - 2:00 PM GMT Services & Composite PMIs Following Monday’s manufacturing data, on Wednesday we’ll be looking at service and composite PMIs from Europe, Asia and the US. Composite PMIs, impacted by new orders and future output, are expected to be influenced by global uncertainties, but policy makers are hoping that services will take up the slack created by manufacturing. Trade War – What is it Good For? [TRADE GOLD]( Thursday, June 6th at 9:00 AM EU Q1 GDP Italy’s Deputy Prime Minister Matteo Salvini is threatening to take his country’s budget-based dispute to the post-elections European Parliament, where the predominance of Eurosceptic parties could wreak havoc with the zone’s economy. Despite this, US-China trade wars and near-zero population growth, Europe’s economy is expected to continue growing – this 7th year in a row. At 1.2% yearly, the slowdown is expected to bottom out this year as domestic demand outweighs: export-based, and unemployment continues to fall. On the other hand, inflation – at 1.6% – continues south of the 2% target, protectionism is becoming a global malady, and Brexit continues to remain a murky fog. Will GDP surprise? And to where? [TRADE EURJPY]( Trading, CFDs, Spread-betting & Options carry risk and could result in the loss of your capital AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877). AVA Trade Ltd is regulated by the B.V.I Financial Services Commission. Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684). Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.45984). Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574). Read AvaTrade [risk disclosure]( before trading Forex, CFD’s, Spread-betting or FX Options. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors. Copyright © 2007-2019 AVA Trade EU Ltd. All rights reserved. [Unsubscribe](