mask Week Ahead | Will it be Calm after the Storm?

14/ 04/ 2019

Week Ahead | Will it be Calm after the Storm?

15th April 2019 – 19th April 2019

Monday

  • BOE’s Haskel’s Speech

Monday major highlight for the day will be around Bank of England Member Haskel’s speech, he will give us an indication on the Current Discussion progress taking place between Europe and Britain.

Tuesday

• GBP Average Earnings including Bonus

• EUR ZEW Survey

The UK labor market is still doing quite well, despite Brexit. The unemployment rate stood at 3.9% in January and no change is expected. Wages, which tend to take center stage, are projected to advance from 3.4% to 3.5% in the upcoming report for February. The Claimant Count Change, which disappointed with an increase of 27K, is expected to rise again, this time by 17.3K.

Wednesday

• CNY Gross Domestic Product

• GBP Retail Price Index, Producer Price Index, Consumer Price Index 

• EUR Consumer Price Index

The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation.

The Producer Price Index Input released by the National Statistics is a monthly measurement of the rate of inflation experienced by the UK manufactures when buying goods and services. It captures changes in the average price of a fixed basket of goods and services purchased by the UK Manufactures.

Thursday

• EUR Markit Manufacturing PMI

• USD Retail Sales, Jobless Claims

• CAD Retails Sales

The "retail sales control group", published by US Census Bureau, represents the total industry sales that are used to prepare the estimates of PCE for most goods.

The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy.

Friday

• EUR Good Friday

• GBP Good Friday

It will be a shortened week amid the Easter Holiday, with most markets closed next Friday