Target levels and forecast for the week 05.06. 09.06.

Target levels and forecast for the week 05.06.  09.06. We open the week with the decision of OPEC + to reduce oil production, but speculation on this topic will be short-term.There are few statistics, the main release of the week - US ISM services - will be published today. It is this report that will complement the current NFP, correct expectations for the Fed's policy and determine the main direction of the market. If the components of retail prices show an increase in inflation in the services sector, then the US stock market will fall against the backdrop of a rising dollar. In this case, the Fed may once again surprise the markets by raising rates, which will be extremely negative for the US economy.Fans of Asian assets are advised not to miss the meeting of the RBA, the GDP of Australia and Japan, as well as the trade balance and China's inflation report.Speeches of financial figures are not planned. The Fed began a period of silence before the June 14 meeting.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 06AUD: RBA Interest Rate Decision, Rate Statement (04:30); Governor Lowe Speaks (23:20)EUR: Retail Sales (09:00)USD: EIA Short-Term Energy Outlook (16:00); API Weekly Crude Oil Stock (20:30)NZD: GlobalDairyTrade Price Index (12:00)Wed, 07AUD: GDP (01:30)CNY: Exports, Imports, Trade Balance (03:00)USD: Exports, Imports, Trade Balance (12:30); Crude Oil Inventories (+Cushing) (14:30)JPY: GDP (23:50)Thu, 08AUD: Trade Balance (01:30)EUR: GDP (09:00)USD: Initial Jobless Claims (12:30); Fed's Balance Sheet, Reserve Balances with FRB (20:30)Fri, 09CNY: CPI, PPI (01:30)USD: WASDE Report (16:00)For more news  see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket