Weekly Outlook: Apr 23 - Apr 27

Monday

Europe: Germany’s manufacturing and services PMI indexes for April are due for release as of 07:30 GMT. The Eurozone will present its own measures at 09:00 GMT.

United States: Markit’s manufacturing and services activity data will be out at 13:45 GMT, while existing home sales for March will be available by 14:00 GMT.

Tuesday

Europe: German business expectations, current assessment and lfo business climate index for April are all scheduled at 08:00 GMT, with readings of 104.4, 125.7 and 114.8 seen. CBI industrial trends orders for April in the UK will be released as of 10:00 GMT.

United States: the S&P/CS HPI composite for February is coming at 13:00 GMT, followed by CB consumer confidence for April and new home sales for March at 14:00 GMT.

Wednesday

No relevant data is scheduled.

Thursday

Europe: GfK German consumer climate for May is up at 06:00 GMT. Also, investors will keep an eye on ECB’s monetary policy decision. Despite the fact no monetary changes are expected, players will closely monitor remarks by ECB President Mario Draghi following the event.

United States: durable goods orders and the goods trade balance for March will be released as of 12:30 GMT. Analysts are forecasting a 1.0 percent growth for durable goods orders.

Asia: Japan’s jobs/applications ratio for March is set at 23:30 GMT, while industrial production and retail sales will be out as of twenty minutes later.

Friday

Europe: Germany’s unemployment rate arrives at 08:00 GMT, with a revision on the UK gross domestic product due thirty minutes later.

United States: a new revision on the US gross domestic product is expected at 12:30 GMT. Michigan University will also be presenting its consumer expectations and consumer sentiment for April at 14:00 GMT.

FortFS