Weekly Outlook: Apr 02 - Apr 06

Monday

Asia: China’s manufacturing PMI for March is due for release as of 01:45 GMT.

United States: Markit’s manufacturing PMI for March will be out at 13:45 GMT. The ISM will release its own PMI for March fifteen minutes later, with a 60.0 points reading seen.

Tuesday

Europe: German retail sales for February are expected to be released at 06:00 GMT. Analysts are forecasting a 0.9 percent advance. Markit Economics will present its PMI for March in Germany at 07:55 GMT, in the UK at 08:30 GMT and for the Eurozone as of 09:00 GMT.

Wednesday

Asia: China’s Caixin services PMI for March is due at 01:45 GMT.

Europe: The UK construction PMI for March will be published at 08:30 GMT. Later on, attention will move to Eurozone’s consumer price index for March, which comes along with the unemployment rate at 09:00 GMT.

United States: it’s employment week! ADP will release at 12:15 GMT its employment change figures for March, with an estimated jobs build of 205,000. Factory orders are up at 14:00 GMT, together with ISM non-manufacturing PMI for March. Markit’s services PMI is due at 14:45 GMT.

Thursday

Europe: Germany’s factory orders for February will be released as of 06:00 GMT. Two hours later, Eurozone’s Markit services PMI will be out. The German reading on the index is due 55 minutes later, while in the UK it will be out at 09:30 GMT. The bloc’s retail sales are expected at 09:00 GMT.

United States: trade balance figures for February is up at 12:30 GMT.

Asia: Japan’s household spending for February will become available at 23:30 GMT.

Friday

Europe: Germany’s industrial production for February is scheduled at 06:00 GMT.

United States: the Labor Department will present March employment report, including average hourly earnings, nonfarm payrolls, participation rate and the unemployment rate. Economists estimate the following results: 0.2%; 203,000; 195,000 and 4.0% respectively.

FortFS