Fundamental analytics

NEW WEEK'S REVIEW

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Main economic events of the trading week from 6 to 10 April

  1. Meeting of the Reserve Bank of Australia

  2. Minutes of ECB meeting

  3. US inflation report

The Coronavirus pandemic continues to increase pressure on the global economy, as evidenced by leading indicators in the US, Europe and other regions. Investors are now trying to assess the extent of the decline and possible consequences. Therefore, in the near future, macroeconomic reports will increase the impact on the dynamics of financial markets.

We have a short trading week ahead of us, as trading will be closed on Friday in the USA, Europe and some Asian countries (Good Friday). Among the most significant events of the economic calendar are the meeting of the Reserve Bank of Australia, the weekly report of the US Department of Energy on commercial oil reserves, a large block of statistics from the UK, the publication of the minutes of the last ECB meeting, the report on the Canadian labor market and the US inflation report.

 

Monday, April 6

The UK will publish an index of business activity in the construction sector

Tuesday, April 7

Reserve Bank of Australia to announce interest rate decision

In Canada, the Business Activity Index (PMI) Ivey is expected to be published.

Wednesday, April 8

US Department of Energy to present weekly report on commercial oil reserves

Thursday, April 9

UK to publish data on GDP, industrial production and manufacturing production

ECB will release the minutes of the last monetary policy meeting

Canada will report on the labour market

Friday, April 10

USA, Canada, Australia, New Zealand, EU countries, UK and some Asian countries have a day off (Good Friday)

An inflation report will be published in the USA 

 

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