Today’s economic calendar is exceptionally light, even for a Monday. We are just ahead of a release of the Swiss Producer Price Index for March, which will likely add some volatility to USDCHF, heavily pressured by the current haunt for safe haven currency in the face of the dollar’s credibility crisis. On top of that, we will hear from Fed representatives later today and receive RBA minutes overnight.
Economic Calendar for Today:
04:30 AM GMT, Japan – Capacity Utilization for February:
- actual -1.1% MoM; previous 4.5% MoM;
04:30 AM GMT, Japan – Industrial Production for February:
- Industrial Production: actual 2.3% MoM; forecast 2.5% MoM; previous -1.1% MoM;
06:30 AM GMT, Switzerland – Inflation Data for March:
- PPI: previous -0.1% YoY;
- PPI: forecast 0.2% MoM; previous 0.3% MoM;
11:00 AM GMT, United States – OPEC Monthly Report
12:30 PM GMT, Canada – New Motor Vehicle Sales for February:
- previous 121.6K MoM;
12:30 PM GMT, Canada – Wholesale Sales for February:
- forecast 0.4% MoM; previous 1.2% MoM;
03:00 PM GMT, United States – NY Fed 1-Year Consumer Inflation Expectations for March:
- previous 3.1%;
05:00 PM GMT, United States – Fed Waller Speaks
10:00 PM GMT, United States – FOMC Member Harker Speaks
11:01 PM GMT, United Kingdom – Retail Sales Data for March:
- BRC Retail Sales Monitor: forecast 0.7% YoY; previous 0.9% YoY;
11:40 PM GMT, United States – FOMC Member Bostic Speaks
01:30 AM GMT, Australia – RBA Meeting Minutes
The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.
