The first part of today shows a slight rebound in the markets. During the session in the Asia-Pacific region, we observe increases of even above 1.00%, and contracts on indexes in Europe also indicate a higher opening of the cash session. After several days of dynamic declines, today investors have a chance for at least a brief break.
In today's macro calendar, we will not find significant publications that could impact the global markets. In the USA, we will learn data on unemployment benefits for the previous week and the number of home sales in the secondary market. After the recent collapse in the primary market, it will be worth watching whether the secondary market will follow the same path.
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Open account Try demo Download mobile app Download mobile appAlthough there will not be many macro publications, it will definitely be worthwhile to closely watch the speeches of Fed bankers. Today's speakers include Bostic, Williams, and Bowman. After the recent surprise in the CPI report, the bankers may provide important information about the potential Fed policy in the current macroeconomic environment.
Quarterly Reports Calendar:
- TSMC (TSM.US) - before the session
- Alaska Air Group (ALK.US) - before the session
- Netflix (NFLX.US) - after the session
Detailed schedule of the day:
01:00 PM BST, Germany - German Buba President Nagel Speaks
01:30 PM BST, United States - Philadelphia Fed Manufacturing Index for April:
- forecast 1.5; previous 3.2;
01:30 PM BST, United States - Employment Data:
- Jobless Claims 4-Week Avg.: previous 214.25K;
- Initial Jobless Claims: forecast 215K; previous 211K;
- Continuing Jobless Claims: previous 1,817K;
02:05 PM BST, United States - FOMC Member Bowman Speaks
02:15 PM BST, United States - FOMC Member Bowman Speaks
02:15 PM BST, United States - FOMC Member Williams Speaks
03:00 PM BST, United States - Existing Home Sales for March:
- forecast 4.20M; previous 4.38M;
- previous 9.5% MoM;
04:00 PM BST, United States - FOMC Member Bostic Speaks
06:30 PM BST, Euro Zone - ECB's Schnabel Speaks
10:45 PM BST, United States - FOMC Member Bostic Speaks
12:30 AM BST, Japan - Inflation Data for March:
- National CPI: forecast 2.7% YoY; previous 2.8% YoY;
- CPI, n.s.a: previous 0.0% MoM;
- National Core CPI: forecast 2.7% YoY; previous 2.8% YoY;
- National CPI: previous 0.0% MoM;
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