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The Week Ahead


Week Ahead, 14/04/2019




Monday

1.30pm – US Empire state mfg index (April): expected to rise to 6 from 3.7. Markets to watch: US indices, USD crosses


Tuesday

2.30am – RBA meeting minutes: these will provide further light on the RBA’s dovish tone. Markets to watch: AUD crosses

9.30am – UK employment data: unemployment rate to rise to 4% from 3.9% for February, while the March claimant count rises by 5K from 27K in February. Average hourly earnings including bonus to rise 3.2%. Markets to watch: GBP crosses

10am – German ZEW index (April): economic sentiment index to fall to -11 from -3.6. Markets to watch: EUR crosses


Wednesday

3am – China GDP(Q1): YoY growth to be 6.3% from 6.4%, and 4.7% from 4.1% QoQ. Markets to watch: China indices, CNH crosses

9.30am – UK CPI (March): prices to rise 1.8% YoY and 0.2% MoM, from 1.9% and 0.5% respectively. Core CPI to rise 1.9% YoY from 1.8%. Markets to watch: GBP crosses

10am – eurozone inflation (March): CPI to rise 0.3% MoM and 1.4% YoY. Markets to watch: EUR crosses

1.30pm – US trade balance (February): deficit to widen to $53.7 billion. Markets to watch: USD crosses

1.30pm – Canada CPI (March), trade balance (February): CPI to rise 1.4% YoY from 1.5%, and trade deficit to narrow C$3.5 billion. Markets to watch: CAD crosses

3.30pm – US EIA crude inventories (w/e 12 April): stockpiles to rise by 7.3 million barrels from 7.02 million a week earlier. Markets to watch: Brent, WTI


Thursday

2.30am – Australia employment data (March): rate to rise to 5% from 4.9%. Markets to watch: AUD crosses

8.15am – 9am – French, German, eurozone PMIs (April, flash): German mfg PMI to rise to 45 from 44.1. Markets to watch: EUR crosses

9.30am – UK retail sales (March): sales to rise 3.3% YoY. Markets to watch: GBP crosses

1.30pm – US retail sales (March): expected to rise 0.3% from -0.2%. Markets to watch: US indices, USD crosses

2.45pm – US mfg & services PMI (April, flash): manufacturing PMI to fall to 51.8 from 52.4, and services PMI to fall to 52.6 from 55.3. Markets to watch: US indices, USD crosses


Friday

Good Friday – US/UK markets closed

1.30pm – US housing starts & building permits (March): starts to rise to an annual rate of 1.23 million while permits rise to an annual rate of 1.29 million. Markets to watch: US indices, USD crosses

1.30pm – Canada ADP employment report (March): 19K jobs expected to have been created, from 36,200 a month earlier. Markets to watch: CAD crosses


Companies Announcement :


-          *Citigroup
-          *Goldman Sachs
-          *​Bank of America
-          *Netflix
-          *Johnson & Johnson
-          *IBM
-          *Morgan Stanley
-          *PepsiCo
-          *Unilever
-          *Nestle
-          *Schlumberger
  *Philip Morris

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