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Economic calendar: Some central bankers on the agenda

07:41 15 April 2019

Summary:

  • NY Empire State index to show sentiment among manufacturers in the region
  • A few speeches of central bankers in the spotlight as well

1:30 pm GMT - NY Empire State for April: Over the course of the past months we saw a notable deterioration in regional manufacturing indices in the United States. In March the trend broadly continued except for Philadelphia where a massive improvement occurred. Looking forward, one may hope that sentiment among US manufacturers has a chance to see a jump taking into account upbeat revelations flowing from US-Sino trade negotiations, robust PMIs from China in March as well as signs of increased credit activity in the world’s second largest economy. If this is the case, the consensus before today’s reading calling for 8 (up from 3.7 points seen in March) could be beaten.

2:00 pm GMT - Canadian existing home sales for March: the consensus points to a 2% MoM increase, up from a 9.1% MoM decline in the prior month.

Central bank speakers:

  • 5:00 pm GMT - BoE’s Haskel

  • 5:30 pm GMT - ECB’s Villeroy

  • 6:00 pm GMT - Fed’s Evans

  • 1:00 am GMT (Tuesday) - Fed’s Rosengren

The USDJPY is trying to break a resistance placed nearby 112. Source: xStation5

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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