TC Economic Insight - The Week Ahead (Apr 1 - 5)

Using Multi-Stock Trading LLC'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:

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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.  

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Interesting times!

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Another set of key economic data on Japan will be released on the coming Monday (April 1).

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According to Multi-Stock Trading LLC's "Economic Insight", the Bank of Japan Tankan Large Manufacturers Index is expected to dip to 11 in the first quarter (Q1).

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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.

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Key Economic Data Forecasts:

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Monday (April 1)

Markets Closed for Easter Monday Holiday:

JP BoJ Tankan Large Manufacturers Index (Q1) expected to slip to 11

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JP BoJ Tankan Large Non-Manufacturers Index (Q1) to climb to 32

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CN Caixin Manufacturing PMI (MAR) to edge up to 51.0

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GB Nationwide Housing Prices (MAR) +0.4% MoM

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US ISM Manufacturing PMI (MAR) may rise to 48.3

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Tuesday (April 2)

AU Reserve Bank of Australia will release minutes of latest policy meeting

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DE Inflation Rate (MAR) expected to tick down to 2.4% YoY

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US Factory Orders (FEB) 1.3% MoM

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Wednesday (April 3)

CN Caixin Services PMI (MAR) to drop to 52.0

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EA Inflation Rate (MAR) expected to stay at 2.6% YoY

US ADP Employment (MAR) +125,000

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US ISM Services PMI (MAR) may dip to 52.4

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Thursday (April 4)

CN Market Closed for Qingming Festival holiday

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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

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CA Trade Balance (FEB) to be reported

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Friday (April 5)

CN Market Closed for Qingming Festival holiday

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JP Household Spending (FEB) -0.8% YoY

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AU Trade Surplus (FEB) may narrow to A$9.9 billion

DE Factory Orders (FEB) +5.1% MoM

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GB Halifax House Price Index (MAR) +0.3% MoM

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FR Industrial Production (FEB) +0.7% MoM

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EA Retail Sales (FEB) +0.3% MoM

US Non-Farm Payrolls (MAR) +200,000

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US Unemployment Rate (MAR) may stay at 3.9%

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CA Full Time Employment (MAR) +20,000

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CA Unemployment Rate (MAR) may stay at 5.8%

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CA Ivey PMI (MAR) may slip to 51.6

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Happy Trading!

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Source: Multi-Stock Trading LLC Economic Insight

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