Highlights
In Germany, no revisions are expected to the provisional CPI data for March, leaving a 0.4 percent monthly rise in consumer prices and a 2.2 percent annual inflation rate, down from February's final 2.5 percent.
The UK economy continues to have a soft tone. The GDP in the month of February is expected to rise 0.1 percent on the month following as-expected 0.2 percent expansion in January that saw gains for both wholesale and retail.
Industrial production in the UK is expected to be flat on the month in February after slipping 0.2 percent in January following solid gains in the prior two months. Manufacturing output is expected to rise 0.2 percent after being unchanged.
The UK merchandise trade data is forecast to show a £15.0 billion deficit in February, widening from a £14.52 billion shortfall in January.
In France, no revisions are expected to the provisional CPI data for March, leaving a 0.2 percent monthly rise in consumer prices and a 2.3 percent annual inflation rate, down from February's final 3.0 percent.
Among key Indian data due at 8 a.m. EDT (1200 GMT), consumer prices are expected to edge fractionally lower to 5.0 percent on the year in March versus 5.09 and 5.10 percent in the two prior months.
The year-over-year rate of increase in India's industrial production is forecast to rev up to 6.0 percent in February from 3.8 percent in both January and December.
In the US, import prices in March are expected to increase 0.3 percent to match February's increase. Export prices, which in February rose 0.8 percent, are also expected to rise 0.3 percent. Pressures in this report had been deflationary but have been firming in recent reports.
The University of Michigan's consumer sentiment index in the first indication for April is expected to be little changed at 79.0 versus 79.4 in March. It has ratcheted to multi-year highs this year.
Kansas City Federal Reserve Bank President Jeffrey Schmid will speak on the economic and monetary policy outlook before the Agricultural Commodity Futures Conference hosted by Commodity Futures Trading Commission and Kansas State at 1 p.m. EDT (1700 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will speak and participate in a moderated conversation on"Housing" before the Confronting America's Housing Crisis: Solutions for the 21st Century Symposium hosted by the Murphy Institute Center for Public Policy Research, the Federal Reserve Bank of Atlanta, and Tulane University's School of Architecture and AB Freeman School of Business at 2:30 p.m. EDT (1830 GMT).
San Francisco Federal Reserve Bank President Mary Daly will speak before the hybrid 2024 Fintech Conference: the Evolution of Fintech - AI, Payments and Financial Inclusion" hosted by the Federal Reserve Bank of San Francisco, the Lam Larsen FinTech Initiative at San Francisco State University and the Center for Analytical Finance at the University of California at Santa Cruz at 3:30 p.m. EDT (1930 GMT).
China's trade surplus for March is expected to come in at a sizable US$71.1 billion versus a larger-than-expected surplus of US$125.2 billion in the combined months of January and February in a report that saw a 7.1 percent year-over-year jump in exports.
The UK economy continues to have a soft tone. The GDP in the month of February is expected to rise 0.1 percent on the month following as-expected 0.2 percent expansion in January that saw gains for both wholesale and retail.
Industrial production in the UK is expected to be flat on the month in February after slipping 0.2 percent in January following solid gains in the prior two months. Manufacturing output is expected to rise 0.2 percent after being unchanged.
The UK merchandise trade data is forecast to show a £15.0 billion deficit in February, widening from a £14.52 billion shortfall in January.
In France, no revisions are expected to the provisional CPI data for March, leaving a 0.2 percent monthly rise in consumer prices and a 2.3 percent annual inflation rate, down from February's final 3.0 percent.
Among key Indian data due at 8 a.m. EDT (1200 GMT), consumer prices are expected to edge fractionally lower to 5.0 percent on the year in March versus 5.09 and 5.10 percent in the two prior months.
The year-over-year rate of increase in India's industrial production is forecast to rev up to 6.0 percent in February from 3.8 percent in both January and December.
In the US, import prices in March are expected to increase 0.3 percent to match February's increase. Export prices, which in February rose 0.8 percent, are also expected to rise 0.3 percent. Pressures in this report had been deflationary but have been firming in recent reports.
The University of Michigan's consumer sentiment index in the first indication for April is expected to be little changed at 79.0 versus 79.4 in March. It has ratcheted to multi-year highs this year.
Kansas City Federal Reserve Bank President Jeffrey Schmid will speak on the economic and monetary policy outlook before the Agricultural Commodity Futures Conference hosted by Commodity Futures Trading Commission and Kansas State at 1 p.m. EDT (1700 GMT).
Atlanta Federal Reserve Bank President Raphael Bostic will speak and participate in a moderated conversation on"Housing" before the Confronting America's Housing Crisis: Solutions for the 21st Century Symposium hosted by the Murphy Institute Center for Public Policy Research, the Federal Reserve Bank of Atlanta, and Tulane University's School of Architecture and AB Freeman School of Business at 2:30 p.m. EDT (1830 GMT).
San Francisco Federal Reserve Bank President Mary Daly will speak before the hybrid 2024 Fintech Conference: the Evolution of Fintech - AI, Payments and Financial Inclusion" hosted by the Federal Reserve Bank of San Francisco, the Lam Larsen FinTech Initiative at San Francisco State University and the Center for Analytical Finance at the University of California at Santa Cruz at 3:30 p.m. EDT (1930 GMT).
China's trade surplus for March is expected to come in at a sizable US$71.1 billion versus a larger-than-expected surplus of US$125.2 billion in the combined months of January and February in a report that saw a 7.1 percent year-over-year jump in exports.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
