Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of April 1 - 5:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which economies to focus on:
As widely expected, the Bank of Japan (BoJ) did end its 8 years of negative-interest-rates policy, and decided to raise interest rates for the first time in 17 years.
Soon thereafter, Japan’s Nikkei 225 Index climbed to an all-time high above 41,000, while the USD/JPY marked a fresh 34-year high of 151.97.
Interesting times!
Another set of key economic data on Japan will be released on the coming Monday (April 1).
According to Trading Central's "Economic Insight", the Bank of Japan Tankan Large Manufacturers Index is expected to dip to 11 in the first quarter (Q1).
In the past 4 Bank of Japan Tankan Large Manufacturers Index Reports, USD/JPY rose in 100% of times (4 out of 4 events) within one hour from the report’s release, marking a trading range of 46.77 pips on average.
Key Economic Data Forecasts:
Monday (April 1)
Markets Closed for Easter Monday Holiday:
JP BoJ Tankan Large Manufacturers Index (Q1) expected to slip to 11
JP BoJ Tankan Large Non-Manufacturers Index (Q1) to climb to 32
CN Caixin Manufacturing PMI (MAR) to edge up to 51.0
GB Nationwide Housing Prices (MAR) +0.4% MoM
US ISM Manufacturing PMI (MAR) may rise to 48.3
Tuesday (April 2)
AU Reserve Bank of Australia will release minutes of latest policy meeting
DE Inflation Rate (MAR) expected to tick down to 2.4% YoY
US Factory Orders (FEB) 1.3% MoM
Wednesday (April 3)
CN Caixin Services PMI (MAR) to drop to 52.0
EA Inflation Rate (MAR) expected to stay at 2.6% YoY
US ADP Employment (MAR) +125,000
US ISM Services PMI (MAR) may dip to 52.4
Thursday (April 4)
CN Market Closed for Qingming Festival holiday
HK Market Closed for Ching Ming Festival holiday
EA Producer Prices (FEB) expected to fall 8.3% YoY
US Latest Initial Jobless Claims to be reported
CA Trade Balance (FEB) to be reported
Friday (April 5)
CN Market Closed for Qingming Festival holiday
JP Household Spending (FEB) -0.8% YoY
AU Trade Surplus (FEB) may narrow to A$9.9 billion
DE Factory Orders (FEB) +5.1% MoM
GB Halifax House Price Index (MAR) +0.3% MoM
FR Industrial Production (FEB) +0.7% MoM
EA Retail Sales (FEB) +0.3% MoM
US Non-Farm Payrolls (MAR) +200,000
US Unemployment Rate (MAR) may stay at 3.9%
CA Full Time Employment (MAR) +20,000
CA Unemployment Rate (MAR) may stay at 5.8%
CA Ivey PMI (MAR) may slip to 51.6
Happy Trading!
Source: Trading Central Economic Insight
