Today at the beginning of the Asian session data on China's GDP and industrial production and investments in fixed assets was released. The recent optimism about the Chinese economy managed to support industrial metals such as copper. Yesterday, in the early weeks of the congress of the Communist Party, during a speech by Chinese President Xi Jinping we did not hear anything about the specific purpose of further growth. As a result, investors have questioned the actual enactment of major reforms.
The Dow Jones index broke and confidently entrenched above 23.000. Against the backdrop of bond yields at the beginning of the European session the dollar began a steady growth, which caused the euro to suffer, weakened against the backdrop of the worsening conflict in Catalonia.
It should be noted that today the most important data is the index of manufacturing activity from the Federal Reserve Bank of Philadelphia.
In the eurozone today are not expecting any meaningful data.
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