-
Key BoE Decision at 12:00 (UK time) – rates expected to be held at 4.0%.
-
Soft German Data (Industrial Production) contrasts with upside Swedish Inflation surprise.
-
Focus on Speeches from central bankers (Schnabel, Williams, Bar) and earnings from AstraZeneca and Airbnb.
-
Key BoE Decision at 12:00 (UK time) – rates expected to be held at 4.0%.
-
Soft German Data (Industrial Production) contrasts with upside Swedish Inflation surprise.
-
Focus on Speeches from central bankers (Schnabel, Williams, Bar) and earnings from AstraZeneca and Airbnb.
The macroeconomic calendar is heavily populated today, with the Bank of England (BoE) interest rate decision serving as the key market focal point. Earlier data releases included Japanese wage growth, Australia's trade balance, Swedish inflation, and German industrial production. Besides the scheduled publications, investors will hear from several central bankers attending the ECB-hosted conference.
Data from Germany proved very weak, showing only a small rebound in September industrial production, while Swedish inflation surprised to the upside, reducing the probability of further rate cuts there.
Key Macroeconomic Calendar (UK Time):
-
08:00 Spain: Industrial Production for September (Previous: 3.4% YoY)
-
08:00 Eurozone: Speech by ECB's Schnabel
-
08:30 Germany and France: Construction PMI Indices
-
09:00 Norway: Norges Bank Interest Rate Decision (Forecast: 4.0%; Previous: 4.0%)
-
10:00 Eurozone: Retail Sales (Forecast: 0.2% MoM; Previous: 0.1% MoM)
-
12:00 UK: Bank of England Interest Rate Decision (Forecast: 4.0%; Previous: 4.0%, with a 6:3 vote split for holding, vs. 7:2 prior)
-
12:30 US: Challenger Job Cuts Report (Previous planned layoffs: 54k)
-
15:00 Canada: Ivey PMI (Forecast: 55.2; Previous: 59.8)
-
16:00 US: Speeches by Fed's Williams and Bar
-
17:00 US: Atlanta Fed GDPNow Forecast Publication
-
19:00 Mexico: Interest Rate Decision (Forecast: 7.25%; Previous: 7.5%)
-
19:00 US: Fed Balance Sheet Total (Previous: $6.587 trn)
Canadian trade balance data is unlikely to be published due to the ongoing US government work suspension and related data limitations.
Corporate Earnings Watch
Key corporate reports due today include AstraZeneca, ConocoPhillips, Airbnb, and the German defence giant Rheinmetall.
Economic calendar: macro data in the shadow of TACO 🔎
Morning wrap (08.04.2026)
NY Fed survey signals inflation spike in the US🗽EURUSD at 1.157
BREAKING: EURUSD ticks up after Eurozone Services PMI data 💡
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
