This week, investors will focus their attention on the reports on the US and UK. economy’s state for the first quarter, as well as the outcomes of the central banks meeting in Europe and Japan, where the countries’ monetary policies will be determined. Besides, investors will continue following geopolitics and international trade.
Monday, April 23. There will be released the data on the Eurozone Manufacturing PMI, the US Existing Homes Sales. Besides, The Bank of Canada Governor Stephen Poloz will deliver a speech.
Tuesday, April 24. The will be the data released on the Australia’s inflation, IFO Business Climate in Germany, the US consumer confidence.
Wednesday, April 25. Australia’s financial markets will be closed because of the holiday. However, investors will be interested in The Bank of Canada Governor Stephen Poloz will deliver a report before the Standing Senate Committee on Banking, Trade and Commerce.
Thursday, April 26. The ECB will announce its decision on monetary policy, followed by Mario Draghi’s press conference. According to expert forecasts, the ECB will retain its monetary policy without any changes. Besides, in the United States, there will be the reports on Durable Goods Orders, Initial Jobless Claims, as well as the Continuing ones.
Friday, April 27. The president of South Korea Moon Jae-in will meet the Supreme Leader of North Korea Kim Jong-un to discuss the issues of nuclear disarmament and the preservation of the world peace. The same day, the Bank of Japan will announce its Interest Rate Decision and Monetary Policy Statement, followed by BoJ Governor Haruhiko Kuroda’s press conference. The Swiss National Bank chairman Thomas Jordan will deliver a speech at the conference in Bern. In the UK, there will be the reports on GDP for the first quarter of 2018, as well as the revised report on the Consumer Confidence Index. In the USA, there will be the report on GDP growth in the first quarter. The week will be finished by the Bank of England Governor Mark Carney’s speech in London.