ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!

ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!

Although it’s easter coming and Friday, April 14th is a day free for many banks, the rest of the week will make investors and economists really focused. There is a lot of events to follow. European Central Bank, Reserve Bank of New Zealand and Bank of Canada release their interest rates as i.a. United Kingdom and the United States release their inflation data.

Monday – United Kingdom

The first day of the week won’t make us exhausted, but we’re going to be sleepy most probably. Release of Manufacturing Production (MoM) takes place at 7 a.m. This indicator previously amounted to 0.8%

Tuesday – UK, Germany, USA

After not so shocking Monday, the week lets it go. United Kingdom – in the morning, at 7 a.m. Average Earnings Index +Bonus is known. At the same time Clamaint Count Change goes public. Three hours later we focus on German ZEW Economic Sentiment (-39.3). Shortly after midday, at 1:30 p.m., the US Core CPI is presented.

Wednesday – Bank of Canada - interest rate decision

You better don’t fall asleep on Tuesday! At 2 a.m. on Wednesday RBNZ interest rate decision is released. Current one amounts to 1% 5 hours later we go back to United Kingdom to meet CPI (YoY) indicator and PPI of the United States. Probably the most interest event of the day takes place at 3 p.m. At this time Bank of Canada reveal its monetary policy move. Will be 0.5% interest rate raised?

Thursday – ECB Interest Rate Decision

Thursday is a day free for Indian people, but the rest of the world share important data. At 2:30 a.m. Australian Employment Change is released. Previously this one amounted to 77.4K. Shortly after midday all eyes on the European Union! Deposit Facility Rate and Interest Rate Decision are released at 12:45 p.m. and going to influence markets around the world. At 1:30 p.m. it’s time for US Core Retail Sales (0.2%) and Retail Sales (0.3%) to go public.

ECB To Shock Markets In The Following Week! US Dollar Rate Under Pressure As Well! - 1

Source/Data: Economic Calendar

Mikołaj Marcinowski

Mikołaj Marcinowski

Business Development Manager FXMAG

Journalist, finance passionate