Three major central banks (Fed, ECB and BOJ) will hold their meetings during the week and we will have preliminary Q1 GDP readings from US and EU. USD Sales of existing homes in March dropped almost 10% to 5.27m from 5.76 the previous month while...
Preliminary April PMI data will give us an insight into the devastative effects of pandemic on economies while investors will be looking for a continuation of slowdown in initial jobless claims. USD Retail sales for the month of March came in...
The world continues to be dominated by the coronavirus related news and it will continue in this post-Easter week with special attention paid to data from China, the country where it all originated, and where life first started to go back to normal. ...
News relating to the virus and government actions will continue to dominate the markets with employment data from Canada being a potential market mover. USD ISM March manufacturing PMI came in at 49.1 vs 45 as expected. The main drop was seen...
Government actions and news events will dominate the week along with resurgence in importance of employment data from US. USD Fed has announced that it will keep purchases of MBS and Treasuries in the amounts needed. They will purchase $75bn of...
We expect lockdowns to engulf more and more countries making economic data secondary to the fiscal and monetary measures, preliminary PMI data will be among the first to show direness of the situation. USD At the emergency meeting held over the...
Fed’s meeting will be the main event of the week followed by BOJ and SNB meetings, employment data from UK and Australia as well as consumption data from US and Canada. USD Inflation in February came in at 2.3% y/y vs 2.2% y/y as expected and d...
ECB meeting will dominate the otherwise slow week with economic data followed by GDP readings from EU, UK and Japan and unavoidable coronavirus news. USD ISM manufacturing PMI in February came in barely above boom level at 50.1 vs 50.9 the previous...
BOC and RBA meetings, followed by preliminary inflation data from EU, Caixin PMI data from China and employment data from US (NFP) and Canada will highlight the week ahead. USD Consumer confidence index for February came in at 130.7 for a small...
PMI data from China showing the impact of the coronavirus on the economy, inflation data from US and EU, and Canada’s Q4 GDP, will highlight the week. USD He housing market showed tremendous strength with both housing starts and building permits b...