Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the current week of April 3 - 7:
First of all, most major markets, including the U.S., will be closed on April 7 (Friday) for the “Good Friday” holiday.
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:
On Friday (April 7), the closely-watched U.S. Official Jobs Report for March will be released. According to Trading Central's "Economic Insight", the economy added 250,000 Non-Farm Payrolls in March with the Jobless Rate ticking down to 3.5%.
Trading Central's “Economic Insight” also shows that, in the past 12 U.S. Official Jobes Report, EUR/USD rose in 50% of times (6 out of 12 times) within one hour from the release, marking a trading range of 66.31 pips on average.
Other key economic data include:
Monday (April 3)
- Japan's Tankan Large Manufacturers Index is expected to drop to 1 in the first quarter.
- China's Caixin Manufacturing Purchasing Managers Index (PMI) may rise to 52.2 in March.
- U.S. ISM Manufacturing PMI is expected to rise to 49.0 in March.
Tuesday (April 4)
- Australia’s Central Bank is expected to keep its benchmark rate unchanged at 3.60%.
- Germany is expected to report a larger Trade Surplus of 17.4 billion euros in February.
- The Eurozone’s Producer-Price growth should decline to 13.8% on year in February.
- U.S. Jobs Openings could be little changed at 10.80 million in February.
Wednesday (April 5)
- New Zealand’s Central Bank will announce its interest rate decision.
- China's and Hong Kong's stock markets will be closed for the Qingming Festival.
- U.S. Trade Deficit may grow slightly to $69.0 billion in February.
- U.S. ISM Services PMI is expected to decline to 54.0 in March.
Thursday (April 6)
- Australia's Trade Surplus may climb to A$12.2 billion in February.
- China's Caixin Services PMI may slip to 54.8 in March.
- German Industrial Production growth is expected at 0.4% on month in February.
- U.S. Initial Jobless Claims are expected to rise to 205,000.
Friday (April 7)
- Markets in the U.S., Hong Kong, Australia, New Zealand, the U.K., the Eurozone, Germany and Canada will be closed for Good Friday.
Happy Trading!
Source: Trading Central Economic Insight
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