Wednesday brings a high importance release for the Kiwi Dollar traders, so let’s take a closer look with the Economic Calendar.
The final reading of Euro Zone March CPI is up first at 9. The initial estimate puts the annual inflation at 1.5%, which is a half a percent slip from the 4-year high posted the previous month. Weaker growth was recorded across most subsectors, including energy, food, and services.
The Fed will release its latest Beige book at 6 PM GMT. The previous report noted a moderate to modest pace of expansion, and the Fed did raise the interest rates in the meeting following the report.
New Zealand first quarter CPI follows at 10:45, and it is a high importance publication for the Kiwi Dollar traders. The annual inflation surged by point 9 percentage points in the last quarter of 2016, reaching the policy makers’ target rate and making any rate cuts very unlikely.
Japanese Trade Balance for March is out at 11:50. Trade surplus widened in February as exports saw a strong growth and imports inched lower.
And National Australia Bank first quarter Business Confidence concludes the schedule at 1:30 AM. The Index lost one point in the fourth quarter as the report sent mixed signals about future outlook.
I’m Jack Everitt and this was the Economic Calendar for Wednesday, the 19th of April. Check back in for the next overview of news releases for Thursday. Goodbye.

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