Highlights
German industrial production in March is expected to fall 1.0 percent on the month after rising a stronger-than-expected 2.1 percent in February that followed January's upward revised 1.3 percent gain.
Italian retail sales are seen expanding 0.2 percent on the month following a disappointingly small 0.1 percent gain in February.
In the US, the second estimate for March wholesale inventories is for a 0.4 percent draw that would be unchanged from the first estimate.
Federal Reserve Vice Chair Philip Jefferson will participate in a virtual moderated discussion before the"Exploring Careers in Economics" event hosted by the Federal Reserve at 11 a.m. EDT (1500 GMT).
Boston Federal Reserve Bank President Susan Collins will speak before students and faculty and participate in a fireside discussion before the Massachusetts Institute of Technology (MIT) Sloan School of Management's Challenges and Opportunities class at 11:45 a.m. EDT (1545 GMT).
Federal Reserve Board Governor Lisa Cook will speak on"Financial Stability" before an event hosted by the Brookings Institution at 1:30 p.m. EDT (1730 GMT).
The Bank of Japan will release the summary of opinions expressed by its nine policy board members at their latest meeting on April 25-26 at which the board decide in a unanimous vote to hold the overnight interest rate target steady in a range of zero to 0.1 percent, as widely expected, after conducting its first rate hike in 17 years and ending the seven-year-old yield curve control framework in a 7 to 2 vote last month. Since the short-term rate is still very low, bank officials have stressed that the monetary conditions will remain accommodative for now.
Italian retail sales are seen expanding 0.2 percent on the month following a disappointingly small 0.1 percent gain in February.
In the US, the second estimate for March wholesale inventories is for a 0.4 percent draw that would be unchanged from the first estimate.
Federal Reserve Vice Chair Philip Jefferson will participate in a virtual moderated discussion before the"Exploring Careers in Economics" event hosted by the Federal Reserve at 11 a.m. EDT (1500 GMT).
Boston Federal Reserve Bank President Susan Collins will speak before students and faculty and participate in a fireside discussion before the Massachusetts Institute of Technology (MIT) Sloan School of Management's Challenges and Opportunities class at 11:45 a.m. EDT (1545 GMT).
Federal Reserve Board Governor Lisa Cook will speak on"Financial Stability" before an event hosted by the Brookings Institution at 1:30 p.m. EDT (1730 GMT).
The Bank of Japan will release the summary of opinions expressed by its nine policy board members at their latest meeting on April 25-26 at which the board decide in a unanimous vote to hold the overnight interest rate target steady in a range of zero to 0.1 percent, as widely expected, after conducting its first rate hike in 17 years and ending the seven-year-old yield curve control framework in a 7 to 2 vote last month. Since the short-term rate is still very low, bank officials have stressed that the monetary conditions will remain accommodative for now.
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.
