Economic calendar: US retail sales, ECB rate decision

7:47 AM 14 April 2022
  • European markets set to open higher

  • ECB rate decision at 1:30 pm BST

  • US retail sales expected to have increased in March

Futures markets point to a higher opening for the majority of the European blue chips indices. A point to note is that many markets in the Western countries will be shut tomorrow as Easter break begins. Having said that, today is the final trading day ahead of the long weekend and traders may want to keep that in mind as some portfolio rebalancing may take place.

There are few interesting events scheduled for today but the two that stand out are ECB rate decision at 12:45 pm BST (press conference at 1:30 pm BST) and US retail sales report release at 1:30 pm BST. While ECB is not expected to change level of rates today, some guidance on how it plans to cope with inflation may be offered.

12:00 pm BST - CBRT rate decision

12:45 pm BST - ECB rate decision

1:30 pm BST - US, retail sales for March.

  • Headline. Expected: 0.6% MoM. Previous: 0.3% MoM

  • Ex-autos and gas. Expected: 0.9% MoM. Previous: -0.4% MoM

1:30 pm BST - US, jobless claims. Expected: 172k. Previous: 166k

3:00 pm BST - US, University of Michigan consumer sentiment for April. Expected: 58.9. Previous: 59.4

3:00 pm BST - US, business inventories for February. Expected: 1.0% MoM. Previous: 1.1% MoM

Wall Street earnings releases

  • Citigroup (C.US) - before market open

  • Morgan Stanley (MS.US) - before market

  • State Street Corp (STT.US) - before market open

  • Goldman Sachs (GS.US) - before market open

  • US Bancorp (USB.US) - before market open

  • Unitedhealth Group (UNH.US) - before market open

  • Wells Fargo (WFC.US) - before market open

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

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