Economic calendar: quarterly earning on Wall Street in the spotlight 💰

The new week seems to start in a positive mood. Stock markets are trying to recover from the declines at the end of last week. A similar rebound is also observed in the cryptocurrency market. Despite the weekend retaliatory attack by Iran on Israel, which was partly the reason for the panic last Friday, the market has not been too concerned with this escalation. Today, the only such reaction we observe is on the gaining gold and bond yields.

This week, investors' attention will be focused on the quarterly results of companies from the USA. The corporate earnings calendar for Wall Street in the coming days remains dominated by financial companies. Reports will be published by Goldman Sachs and Morgan Stanley among others. However, this week will also see reports from Netflix and TSMC.

In addition to financial results, comments from FOMC members may also be of interest. After recent higher inflation readings, this will be the first series of statements by bankers after which we can learn the potential stance of the Fed at the next meeting on interest rates.

Detailed calendar of the day:

10:00 AM BST, Euro Zone - Industrial Production for February:

• Industrial Production: previous -6.7% YoY;
• Industrial Production: forecast 0.8% MoM; previous -3.2% MoM;

11:00 AM BST, Euro Zone - ECB's Lane Speaks

01:30 PM BST, United States - Retail Sales Data for March:

• Retail Sales: forecast 0.4% MoM; previous 0.6% MoM;
• Retail Sales: previous 1.50% YoY;
• Retail Control: previous 0.0% MoM;
• Core Retail Sales: forecast 0.5% MoM; previous 0.3% MoM;

01:30 PM BST, United States - NY Empire State Manufacturing Index for April:

• forecast -5.20; previous -20.90;

01:30 PM BST, United States - FOMC Member Williams Speaks

Earning season:

• Charles Schwab (SCHW.UW) - before session
• Goldman Sachs (GS.US) - before session