There’s plenty of known market movers scheduled for Friday, the 28th of April. Let’s find out more. German Retail Sales for March are out at 6 AM. Sales rebounded strongly in February, fully offsetting a 1% drop the previous month. Swiss KOF Economic Barometer for April follows at 7. The Index continued to increase in March and now stands at a record-high level. A high importance event comes at 8, when Swiss National Bank Chairman Thomas Jordan will be speaking on monetary and investment policy at the Bank’s General Meeting of Shareholders in Bern. Another highly anticipated release follows half an hour later, and it’s the preliminary UK first quarter GDP. The fourth quarter data showed a steady and sustained growth, mainly due to a strong performance in consumer services. UK Mortgage Approvals for March come are out at the same time. The number of approvals slipped in February from the 12-month high reached the previous month. Yet another known market mover will be available at 9, and it’s the Euro Zone Preliminary April CPI. March data surprised on the downside as the annual inflation dropped by half a percentage point, but this release could show some recovery. Coming up next at 12:30 is another closely watched release, namely, the preliminary US first quarter GDP. The American economy slowed down at the end of 2016, mainly due to a decline in exports. Canadian February GDP comes at the same time, and it’s a high importance release for the Loonie Dollar traders. Now, the Canadian economy actually performed better than anticipated in January as both manufacturing and services posted solid gains. ISM Chicago PMI for April follows at 1:45. The Index managed to inch even higher in March, having surged by 7.1 points in February. And the final reading of University of Michigan Consumer Confidence for April concludes the schedule at 2. The preliminary estimate puts the Index at 98 points, and it’s the highest level in 3 months. I’m Jessica Walker and that’s all for Friday’s Economic Calendar. Our next release will cover the most important publications for Monday, so check back.
There’s plenty of known market movers scheduled for Friday, the 28th of April. Let’s find out more.
German Retail Sales for March are out at 6 AM. Sales rebounded strongly in February, fully offsetting a 1% drop the previous month.
Swiss KOF Economic Barometer for April follows at 7. The Index continued to increase in March and now stands at a record-high level.
A high importance event comes at 8, when Swiss National Bank Chairman Thomas Jordan will be speaking on monetary and investment policy at the Bank’s General Meeting of Shareholders in Bern.
Another highly anticipated release follows half an hour later, and it’s the preliminary UK first quarter GDP. The fourth quarter data showed a steady and sustained growth, mainly due to a strong performance in consumer services.
UK Mortgage Approvals for March come are out at the same time. The number of approvals slipped in February from the 12-month high reached the previous month.
Yet another known market mover will be available at 9, and it’s the Euro Zone Preliminary April CPI. March data surprised on the downside as the annual inflation dropped by half a percentage point, but this release could show some recovery.
Coming up next at 12:30 is another closely watched release, namely, the preliminary US first quarter GDP. The American economy slowed down at the end of 2016, mainly due to a decline in exports.
Canadian February GDP comes at the same time, and it’s a high importance release for the Loonie Dollar traders. Now, the Canadian economy actually performed better than anticipated in January as both manufacturing and services posted solid gains.
ISM Chicago PMI for April follows at 1:45. The Index managed to inch even higher in March, having surged by 7.1 points in February.
And the final reading of University of Michigan Consumer Confidence for April concludes the schedule at 2. The preliminary estimate puts the Index at 98 points, and it’s the highest level in 3 months.
I’m Jessica Walker and that’s all for Friday’s Economic Calendar. Our next release will cover the most important publications for Monday, so check back.
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