The Week Ahead - Find important economic events taking place on April 3 - 7 on major economies


Kim Ming Lam


March 31, 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 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'sEconomic 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

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.
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