The Week Ahead - Discovering critical economic events taking place on April 17 - 21 in major economies


George Lam


April 14, 2023



Min Read

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the current week of April 10 - 14:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We are focusing on major economies worldwide, e.g. the U.S., China, Australia: 

Of course the most important economic data next week will be China’s 1Q Gross Domestic Product (GDP) Report due Monday (April 17). 

According to Trading Central's "Economic Insight", China’s GDP grew 1.2% on quarter and 2.7% on year in the first quarter.

Trading Central'sEconomic Insight” also shows that, in the past 4 China GDP Reports, USD/CNH (Offshore Chinese Yuan) rose in 100% of times within one hour from the report’s release, marking a trading range of 147.03 pips on average.

Other key economic data include:

Monday (April 17)

U.S. New York State Manufacturing Index is expected to improve to -16.0 in April.

Tuesday (April 18)

China's Gross Domestic Product (GDP) is expected to grow 3.2% on year in the first quarter.

China’s Industrial Production is expected to grow 2.7% on year in March.

U.K. Jobless Rate may edge up to 3.8% in February.

Germany’s ZEW Economic sentiment should rise to 15 in April.

U.S. Building Permits may decline to 1.45 million units in March.

Wednesday (April 19)

U.K. Inflation Rate is expected to slow down to 10.2% on year in March.

U.S. Crude-Oil Stockpiles may increase by 597,000 barrels.

Thursday (April 20)

New Zealand's Inflation Rate may slow to 7.0% on year in the first quarter.

Japan's Exports are expected to grow 8.0% on year in March.

Germany’s Producer Prices are expected to decline 0.2% on month in March.

U.S. Initial Jobless Claims may rise to 244,000.

U.S. Philadelphia Fed Manufacturing Index could improve to -18.0 in April.

Friday (April 21) 

Japan's Inflation Rate is expected to tick down to 3.2% on year in March.

U.K. GfK Consumer Confidence may improve to -34 in April.

U.K. Retail Sales is expected to drop 0.5% on month in March.

U.S. S&P Global Manufacturing PMI is expected to decline to 48.0 in April.

Happy Trading!

Source: Trading Central Economic Insight

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George Lam

Technical Analyst