Things get really busy on Thursday, the 27th of April, so keep watching this Economic Calendar to find out more.
Starting things off at 6 AM is the Swiss Trade Balance for March. Trade surplus narrowed in February as imports grew much faster than exports.
European Central Bank will release the very highly anticipated monetary policy statement at 11:45, and make sure you also tune in for the press conference 45 minutes later. Markets are not expecting any policy changes, but President Mario Draghi will face plenty of questions which could move the currency rate.
The closely watched preliminary estimate of German April CPI is out at noon. The annual inflation eased in March from 2.2% the previous month as energy prices grew at a slower pace.
Another high importance release comes at 12:30 PM GMT, and it’s the US Preliminary Durable Goods Orders. The core reading has been growing for the past 6 months, suggesting a sustained demand and steady economic growth.
The closely watched weekly update on US Jobless Claims is out at the same time. Initial claims grew by 10 thousand during the week ending April 15 whereas the continuing claims dropped by 49 thousand during the week ending April 8.
US Pending Home Sales for March will be available at 2. Sales rebounded strongly in February, fully reversing a 2.8% drop the previous month.
There’s a break in the schedule until 10:45 in the evening, when the New Zealand Trade Balance for March is released. Trade deficit narrowed in February as exports grew faster than imports.
UK GfK Consumer Confidence for April is out at 11:01. The Index stood unchanged in March as consumers remained cautious about their income prospects and the overall economic conditions.
The closely watched Japanese March CPI follows at 11:30. The annual core inflation has stood above zero for the past 2 months and, although the growth remains slow, it still has sparked some optimism that monetary policy measures may be working.
Two other news releases regarding the Japanese economy in March come at 11:50, including the Preliminary Industrial Production. Output rebounded strongly in February, reversing a point 4% slip the previous month.
Retail Sales continued growing in February, but at a slower pace than the 1% annual gain the previous month.
And New Zealand ANZ Business Confidence for April concludes the schedule at 1 AM. The Index has been declining for the past 2 months and now stands at a 10-month low.
I’m Celeste Skinner and this was the Economic Calendar for Thursday. Check back in for the next overview of news releases for Friday. Goodbye.

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