Major Market Events: April, 21-25

Major Market Events: April, 21-25

Written by: PaxForex analytics dept - Friday, 27 June 2014 0 comments

This coming week Forex traders await data on Japan's trade balance, index of business activity in the manufacturing sector from HSBC bank, PMI data from the USA, Germany and France, the interest rate decision of the Reserve Bank of New Zealand and other events.

All times Moscow (MSK)

Monday, April 21

Throughout the Europe will be celebrated Easter Monday, so European stock markets will be closed. Only the stock markets of Japan and the U.S. will be available to traders.

Among the important news we can just note the publication of Japan's trade balance, as well as the index of leading indicators in the United States.

Tuesday, April 22

Tuesday will be also not rich on economic data. We only note the publication of data on housing sales in the secondary market in the U.S., which is scheduled for 17:00.

Wednesday, April 23

At 04:30 clients, working with the pair AUDUSD, will turn their gaze to the data on consumer price inflation. Volatility is expected in that period.

And already at 04:45 traders will switch to the index of business activity in the manufacturing sector from the HSBC bank. The current value of the index is 48 points. Going below 50 will indicate a slowdown in economic development, which in turn will lead to a decrease in demand for commodities. If the index will worse prognosis, it could lead to a weakening of the Australian dollar.

During the day U.S., Germany and France will present their performance of manufacturing activity PMI. In addition, to be published indexes of business activity and production for the euro area as a whole.

Traders of the British pound should pay attention to the publication of protocols from the last Bank of England meeting, which is scheduled for 11:30 am. And in the hour of the day will be presented factory orders from the Confederation of British Industry (CBI).

At the end of the day in the United States will be published data on new home sales.

Thursday, April 24

At 00:00 Reserve Bank of New Zealand will announce its interest rate decision. Experts predict an increase in the interest rate from 2.75% to 3%.

At 11:00 will be released statistics on business climate IFO, as well as the assessment of the current situation in Germany.

At 11:30 traders eye will be drawn to the publication of retail sales in the UK.

And already at 15:30 in the U.S. will be published basic orders for durable goods.

Friday, April 25

Traders who follow the movements of the Japanese yen should pay attention to the publication of inflation figures. Data output is slated to 02:30.

During the day, is expected to publish retail sales in Germany, the interest rate announcement by Russian Central Bank, as well as the index of consumer sentiment from the University of Michigan.

You might also like:

European banks prepare for tests

Major market events: April, 14-18

How strong is the Australian Dollar?

USDCHF – April 17th 2014

EURUSD – April 18th 2014