Read more
7:17 AM · 7 April 2020

Economic calendar: Eurogroup meets to discuss pandemic funding

  • Eurozone finance ministers to discuss pandemic funding

  • API data expect to show another massive build in oil inventories

European and US index futures trade higher on Tuesday, adding to massive gains from the previous day. There is not much on the agenda today, at least when it comes to macro releases. German industrial production data was released at 7:00 am BST and showed 0.3% MoM increase (exp. -0.9% MoM). However, it is data for February therefore it does not capture impact of coronavirus-related lockdowns.

An important event of the day, but probably not a market moving one, will be a video meeting of finance ministers from eurozone member countries. The discussion will center on how the group will fund measures aimed at supporting the economy at times of coronavirus pandemic. Contentious issue of the so-called "coronabonds" also may be at the agenda. The meeting is scheduled for 2:00 pm BST and a press conference is expected to be held around 7:00 pm BST.

Readings scheduled for today

3:00 pm BST - Canada, Ivey PMI for March. Expected: 50.1 pts. Previous: 54.1 pts

9:40 pm BST - API report on change in oil inventories. Expected: +10.1 mb. Previous: +10.5 mb

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits