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Economic Data Events to Monitor this Week

Monday 24th of April, Germany Ifo Institute Business Climate - could spur some EUR/USD reaction.


Tuesday 24th of April, U.S CB Consumer Confidence - consumers being watched carefully in the States as inflation remains high.

Gold 1 month chart as of 23rd of April 2023


Wednesday 25th of April, U.S Core Durable Goods - likely not significant but surprise results could produce USD and U.S equity markets reaction.


Thursday 26th of April, U.S Advance GDP - growth gained (or a decline) results should be monitored closely and could provide early insights regarding U.S Federal Reserve rhetoric on the 3rd of May.


Friday 27th of April, Japan BoJ Outlook and Monetary Policy Statement - no major changes expected to the below zero interest rate policy, but USD/JPY will react certainly to any changes of established rhetoric.


Friday 27th of April, German Preliminary CPI - inflation results will cause a reaction for the EUR/USD momentarily.


Friday 27th of April, U.S Core PCE Price Index - results will certainly affect outlook for Fed rhetoric and policy in the following week.

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