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


George Lam


March 28, 2024



Min Read

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

Using Trading Central'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:

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.  

Interesting times!

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

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

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.

Key Economic Data Forecasts:

Monday (April 1)

Markets Closed for Easter Monday Holiday:

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

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

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

GB Nationwide Housing Prices (MAR) +0.4% MoM

US ISM Manufacturing PMI (MAR) may rise to 48.3

Tuesday (April 2)

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

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

US Factory Orders (FEB) 1.3% MoM

Wednesday (April 3)

CN Caixin Services PMI (MAR) to drop to 52.0

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


US ADP Employment (MAR) +125,000

US ISM Services PMI (MAR) may dip to 52.4

Thursday (April 4)

CN Market Closed for Qingming Festival holiday

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

CA Trade Balance (FEB) to be reported

Friday (April 5)

CN Market Closed for Qingming Festival holiday

JP Household Spending (FEB) -0.8% YoY

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


DE Factory Orders (FEB) +5.1% MoM

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

FR Industrial Production (FEB) +0.7% MoM

EA Retail Sales (FEB) +0.3% MoM


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

US Unemployment Rate (MAR) may stay at 3.9%

CA Full Time Employment (MAR) +20,000

CA Unemployment Rate (MAR) may stay at 5.8%

CA Ivey PMI (MAR) may slip to 51.6

Happy Trading!

Source: Trading Central Economic Insight

George Lam

Technical Analyst
George Lam is a technical analyst attached to Trading Central's Hong Kong Office. George graduated from the University of Manchester with a bachelor's degree in economics, and has been engaged in the financial analysis field in Hong Kong for about 10 years.
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