Main economic events of the trading week from 6 to 10 April
Meeting of the Reserve Bank of Australia
Minutes of ECB meeting
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