Economic calendar for the week ahead

The last week of April will be full of interesting macro data and financial results in the midst of the new season of reports in the US.

On Monday we can expect  the Markit Manufacturing PMI in Germany and France for April and also the manufacturing and services PMIs for the euro area.  Later on will be released  the manufacturing and services PMIs in the United States.
Tuesday will bring Australia’s CPI, the German IFO assessment and expectations for April and the housing price index with new homes sales figures in the USA.
On Wednesday the most important news for the markets will be data on crude oil reserves in the United States.
Markets in Australia and New Zealand will not work because of the wounded death of all servants and perished in various wars, conflicts, and moratorium missions.
Later in the evening the BoC Governor Poloz will hold a speech.
Thursday will be a very busy day. The GfK Consumer confidence survey for Germany is due.
The most significant event for the day will be the European Central Bank's decision on key interest rates  and additional explanations are expected from the subsequent press conference.
The United States will provide updated data on initial and continuing jobless claims. New Zealand will release information on the country's trade balance in March, as well as imports and exports.
Friday will bring BoJ interest rate decision and a press conference will follow.  Unemployment data will be released from Germany and GDP estimates are due from UK and USA.

Within the week, the more interesting companies from the United States, which will announce their financial results for the first quarter of the year, are: Alphabet, Whirlpool, Caterpillar, Coca-Cola, Sansata Technologies Holding, Xerox, Facebook, Paypal Holdings, Twitter, Visa, Domino’s Pizza and General Motors.

The week ahead

While some people are dancing hot samba in Rio De Janeiro, others are preparing for the long celebration of the Lunar New Year. For those who are lack of festive mood, the economic calendar for the week ahead will unfold mostly data on GDP and CPI.

Japan celebrates a national holiday today and the macro agenda from the rest of the world do not offer much except  the numbers on Consumer Price Index in Switzerland.

On Tuesday we can expect the announcement of the British Produce Price Index, Consumer Price Index y/y and m/m and Retail Price Index data. From the US the FOMC Member Mester speech is due.

 Wednesday will be very busy day, but the focus will be on Japan's GDP data for Q4. Further on  we may expect GDP data from Germany, Italy and  the Eurozone. In the afternoon  releases from USA are due on Retail Sales, basic CPI and CPI on Food&Energy.

Thursday will bring employment data from Australia and the RBA’s Governor Philip Lowe speech . The more important news that will  come from the US are the Philadelphia Fed figures and the jobless claims release.

A long weekend will start for South Korea, China and Hong Kong due to the Lunar New Year celebration.

Friday are due the British retail sales data for January the building permits for January in the USA.

The earnings season continues this week the with the financial reports of MetLife, PepsiCo, Western Union, Cisco systems, T-Mobile USA and TripAdvisor.

Busy week ahead

The last week brought turbulence on the markets and happened to be very good for the US dollar, which popped off over the other currencies. But the most remarkable is the EUR/USD fall after the dovish ECB.  

Looking to the week ahead, it seems to be even more interesting having rate decisions from three central banks. 

And here are the events with high importance, which the Economic calendar offers:

On Monday we can expect the PCE for September in USA and German CPI.

Tuesday will be very busy day. In the early hours we have the BOJ rate decision and the press conference after it. Next on the agenda will be the Euro-zone GDP Q3, followed by the Canada’s GDP. In the afternoon US will release data on CCI and the day will end with Employment change figures in New Zealand. 

On Wednesday the Markrit Canada Manufacturing PMI and the US ISM Manufacturing PMI are due, but the most intriguing event for the day will be the Fed’s interest rate decision.

On Thursday Germany will release data on Unemployment rate for October  and next on focus will come the BOE with their interest rate  decision, followed by BOE’s Governor Carney speech.

Friday will bring US NFP figures for October and Unemployment rate in Canada.  

Forex Calendar For The Week Ahead

The week ahead looks to be interesting having Bank of Canada meeting, OPEC and non-OPEC gathering, FOMC minutes  and key data in focus. 

This  Monday there will be no major events or indicators due to be released.

On Tuesday , Eurozone’s preliminary manufacturing and services PMIs for May will be in focus, though no forecast is available for any index yet.

From Germany, the Ifo survey for May will be released.  No forecast is available, but the ZEW survey for the month shows that the prospects for the Eurozone as a whole are improving, a factor that strengthens the economic environment for German exports. The Ifo survey is expected to indicate a similarly upbeat message coming from German businesses, especially considering that Eurozone’s political risks are now out of the way.

On Wednesday, all eyes will be on the Bank of Canada rate decision. The forecast is for the Bank to remain on hold once again.

In the US, the main event will be the release of the minutes from the FOMC’s May policy gathering, where the Committee kept its policy unchanged and offered very few hints with regards to the timing of the next rate hike.

On Thursday, the highly anticipated meeting between major OPEC and non-OPEC oil producers will take place in Vienna.

With regards to the economic data, from the UK we get the 2nd estimate of GDP for Q1.

On Friday, Japan will release its CPI data for April and later in the day in the US, durable goods orders for April are due to be released.