The first day of the week starts quite calmly in the markets. The macroeconomic calendar has no major events planned that could significantly impact global financial markets.
However, later in the week, investors will see many interesting reports, including a series of quarterly results from Nasdaq tech giants. Tomorrow will begin with the release of preliminary PMI data for April for Australia, Japan, France, Germany, the Eurozone, and the United Kingdom. Analyst expectations indicate a continued improvement in sentiments for nearly every country. Then, on Thursday, investors will learn the preliminary estimates of U.S. GDP for the first quarter of 2024. The consensus indicates a fairly large drop in annualized GDP to 2.4% compared to 3.4% for the final data of Q4 2023.
Apart from macroeconomic publications, investors' attention will also be focused on the quarterly results of companies from Wall Street. This week, several of the larger tech companies will publish their reports, including Tesla, Microsoft, Alphabet, Meta, and Intel.
Detailed schedule for the week:
April 22: Monday
- 02:15 AM BST - China, Loan Rate
- 09:00 AM BST - Poland, Reports on industrial production, wages, and employment for March
April 23: Tuesday
- (All day) - Preliminary PMI data for April for Australia, Japan, France, Germany, the Eurozone, and the United Kingdom
- 09:00 AM BST - Poland, retail sales for March
- 14:45 PM BST - USA: PMI Index for services and industry (preliminary) for April
- 15:00 PM BST - USA: New home sales for March
- 15:00 PM BST - USA: API weekly crude oil stock change
April 24: Wednesday
- 02:30 AM BST - Australia: CPI Inflation in Q1
- 09:00 AM BST - Germany: Ifo Institute Index for April
- 13:30 PM BST - USA: Orders for durable goods (preliminary) for March
- 15:30 PM BST - USA: Weekly crude oil stock change
April 25: Thursday
- 12:00 PM BST - Turkey, CBRT interest rate decision
- 13:30 PM BST - USA: Unemployment benefit claims (weekly)
- 13:30 PM BST - USA: Annualized GDP (preliminary) for Q1
- 15:30 PM BST - USA, Natural gas stock change data
- 23:00 PM BST - Japan: Interest rate decision
- 23:00 PM BST - Japan: Press conference after BoJ meeting
April 26: Friday
- 13:30 PM BST - USA, March PCE inflation
- 15:00 PM BST - USA, UoM inflation forecasts
Company schedule:
- Tesla (TSLA.US) - Tuesday after the session
- Meta (META.US) - Wednesday after the session
- Microsoft (MSFT) - Thursday after the session
- Alphabet (GOOGL.US) - Thursday after the session
- Intel (INTC.US) - Thursday after the session
BREAKING: US NFIB small business optimism weakens🗽US500 loses 0.8%
BREAKING: German ZEW Data Weaker Than Expected
What Can We Expect from U.S. Bank Earnings This Quarter?
BREAKING: Higher Unemployment Rate in the UK
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
