Not a lot of publications scheduled on this week’s final trading day, but there are a couple of potential market movers, so let’s take a closer look. Euro Zone Current Account for March opens this agenda at 8 o’clock in the morning. The current account of the euro area recorded a surplus of 35.1 billion Euros in February, lower than 39 billion in the year’s opening month. Euro Zone Trade Balance for March follows an hour later. Exports rose by 3 percent, while Imports were up by 1 and a half percent from year ago in February and as a result, the euro area recorded an 18.9 billion Euro surplus in trade. A couple of Loonie shakers wrap up this agenda at a half past noon GMT, including the Retail Sales for March. Sales rose by point 4% in February to almost 50 billion Canadian Dollars. Higher sales at new car dealers and general merchandise stores were the main drivers. Canadian Consumer Price Index for April is the other and the final item for this day. Inflation accelerated by one tenth of a percent to 2.3 percent in March, which was the highest rate in almost 4 years. When gasoline is excluded, price growth was much calmer at 1.8 percent. I’m Kiays Khalil and this was the Economic Calendar for Friday. Bye for now.
Not a lot of publications scheduled on this week’s final trading day, but there are a couple of potential market movers, so let’s take a closer look.
Euro Zone Current Account for March opens this agenda at 8 o’clock in the morning. The current account of the euro area recorded a surplus of 35.1 billion Euros in February, lower than 39 billion in the year’s opening month.
Euro Zone Trade Balance for March follows an hour later. Exports rose by 3 percent, while Imports were up by 1 and a half percent from year ago in February and as a result, the euro area recorded an 18.9 billion Euro surplus in trade.
A couple of Loonie shakers wrap up this agenda at a half past noon GMT, including the Retail Sales for March. Sales rose by point 4% in February to almost 50 billion Canadian Dollars. Higher sales at new car dealers and general merchandise stores were the main drivers.
Canadian Consumer Price Index for April is the other and the final item for this day. Inflation accelerated by one tenth of a percent to 2.3 percent in March, which was the highest rate in almost 4 years. When gasoline is excluded, price growth was much calmer at 1.8 percent.
I’m Kiays Khalil and this was the Economic Calendar for Friday. Bye for now.
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