Economic calendar: OPEC+ delay leaves calendar bare

OPEC+ video meeting postponed
German factory orders declined less than expected in February

Moods on the global financial markets are upbeat with equities rallying. European index futures point to massive 3-4% bullish price gaps at cash session open.

Video meeting of OPEC+ group was expected to be the main event of the day. However, the meeting was postponed until, at least, Thursday, April 9 after a rift between Saudi Arabia and Russia surfaced over the weekend. Nevertheless oil price is likely to swing around on headline news today.

No major data releases are scheduled for today. German factory orders data for February was released at 7:00 am BST and it surprised to the upside. Data showed a drop of 1.4% MoM against an expected decline of 2.5% MoM. However, the data does not capture the impact of lockdown measures imposed in Europe.

Major readings and events scheduled for the later part of the week

RBA decision (Tuesday, 5:30 am BST)
FOMC minutes (Wednesday, 7:00 pm BST)
OPEC+ video meeting (Thursday)
ECB minutes (Thursday, 12:30 pm BST)
Flash UoM consumer sentiment for April (Thursday, 3:00 pm BST)
US CPI for March (Friday, 1:30 pm BST)

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)

Economic reports

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