Next week will be filled with macro and microeconomic data from the major world’s economies.
Let us revise key events of the week.
Monday, April 21
Europe is going to celebrate Easter Monday, and European stock exchanges will be closed. Japanese and US stock markets will be available for traders.
Trading balance of Japan will be published on Monday. Important news will also include a publication of the CB Leading index in the USA.
Tuesday, April 22
There will be not much economic news on Tuesday. Existing Home Sales index is worth paying attention to: it will be published in the USA at 5 p.m. (GMT+3).
Wednesday, April 23
Those clients, who trade AUDUSD, should pay attention to the CPI publication at 4:30 a.m. (GMT+3). ‘Aussie’ will be volatile.
Right after that, traders will switch their attention to the publication of Manufacturing PMI by HSBC. Current index value is located at 48.0 points. When the PMI is below 50.0, it indicates that the manufacturing economy is declining, which leads to a decrease of demand for raw assets. If index appears to be worse than a forecast, it can weaken AUD’s positions.
USA, Germany and France will publish their Manufacturing PMIs during the day. Eurozone will do the same.
Traders interested in pound should pay attention to the publication of minutes from the last Bank of England’s meeting. Info should be published at 11:30 a.m. CBI Industrial Trends Orders will be published at 1 p.m.
New Housing Sales will be announced in the USA by the end of the day.
Thursday, April 24
The Reserve Bank of New Zealand will publish its decision on the interest rate at midnight. Experts think that it will grow from 2.75% to 3%.
Germany will publish a whole block of stats at 11 a.m.: business expectations, business climate by IFO and current assessment.
Retail sales statistics will be published in Britain at 11:30 a.m.
A number of orders for durables will be announced at 3:30 p.m.
Friday, April 25
Traders interested in Yen should pay attention to the publication of inflation data at 2:30 a.m. GMT+3.
Information about retail sales in Germany, interest rate in Russia and Michigan Consumer Sentiment will be published during the day. - See more at: https://www.mayzus.com/economical-news/forecast-for-april-2125-2014.html#sthash.QY8JAo2L.dpuf
Let us revise key events of the week.
Monday, April 21
Europe is going to celebrate Easter Monday, and European stock exchanges will be closed. Japanese and US stock markets will be available for traders.
Trading balance of Japan will be published on Monday. Important news will also include a publication of the CB Leading index in the USA.
Tuesday, April 22
There will be not much economic news on Tuesday. Existing Home Sales index is worth paying attention to: it will be published in the USA at 5 p.m. (GMT+3).
Wednesday, April 23
Those clients, who trade AUDUSD, should pay attention to the CPI publication at 4:30 a.m. (GMT+3). ‘Aussie’ will be volatile.
Right after that, traders will switch their attention to the publication of Manufacturing PMI by HSBC. Current index value is located at 48.0 points. When the PMI is below 50.0, it indicates that the manufacturing economy is declining, which leads to a decrease of demand for raw assets. If index appears to be worse than a forecast, it can weaken AUD’s positions.
USA, Germany and France will publish their Manufacturing PMIs during the day. Eurozone will do the same.
Traders interested in pound should pay attention to the publication of minutes from the last Bank of England’s meeting. Info should be published at 11:30 a.m. CBI Industrial Trends Orders will be published at 1 p.m.
New Housing Sales will be announced in the USA by the end of the day.
Thursday, April 24
The Reserve Bank of New Zealand will publish its decision on the interest rate at midnight. Experts think that it will grow from 2.75% to 3%.
Germany will publish a whole block of stats at 11 a.m.: business expectations, business climate by IFO and current assessment.
Retail sales statistics will be published in Britain at 11:30 a.m.
A number of orders for durables will be announced at 3:30 p.m.
Friday, April 25
Traders interested in Yen should pay attention to the publication of inflation data at 2:30 a.m. GMT+3.
Information about retail sales in Germany, interest rate in Russia and Michigan Consumer Sentiment will be published during the day. - See more at: https://www.mayzus.com/economical-news/forecast-for-april-2125-2014.html#sthash.QY8JAo2L.dpuf
Recommended Content
Editors’ Picks
AUD/USD: The hunt for the 0.7000 hurdle
AUD/USD quickly left behind Wednesday’s strong pullback and rose markedly past the 0.6900 barrier on Thursday, boosted by news of fresh stimulus in China as well as renewed weakness in the US Dollar.
EUR/USD refocuses its attention to 1.1200 and above
Rising appetite for the risk-associated assets, the offered stance in the Greenback and Chinese stimulus all contributed to the resurgence of the upside momentum in EUR/USD, which managed to retest the 1.1190 zone on Thursday.
Gold holding at higher ground at around $2,670
Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors.
Ethena Labs launches new UStb stablecoin backed by BlackRock's BUIDL token
Ethena Labs announced on Thursday that it has released a new stablecoin product, UStb. The new stablecoin will be fully collateralized by BlackRock's USD Institutional Digital Liquidity Fund and function similarly to a traditional stablecoin.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.