What key events and economic releases are on the schedule next week.
Next week is a hodgepodge of economic releases and events. Central bank members from around the globe will be speaking. In the US, existing home sales, Philly Fed manufacturing index, flash PMI data will be released:Monday, April 18. The Easter Monday holiday will close most of Europe including Switzerland, UK, France, Germany, Italy, and CanadaChina GDP, 10 PM ET. Estimate 4.2% versus 4.0% Q/YChina retail sales YoY. 10 PM ET. Estimate -3% versus +6.7%RBNZ Gov. Orr speaks at 4 PM ET/0500 GMT. The RBNZ raise rates by 50 basis points at their meeting last weekFeds Bullard (hawk and voting member) speaks also at 4 PM ETTuesday, April 19:Australia's monetary policy meeting minutes. 9:30 PM ETUS housing starts, 8:30 AM ET. Estimate 1.74 million versus 1.77 million last monthSNB's Chairman Jordan speaks at 12:30 PM ETWednesday, April 20Canada CPI. 8:30 AM ET. Estimate 0.9%. US existing home sales. 10 AM ET. Estimate 5.78 million versus 6.02 million last monthUS beige book. 2 PM ETThursday, April 21New Zealand CPI quarter on quarter. 6:45 PM ET. Estimate 2.0% versus 1.4% last quarterEU final CPI YoY. 5 AM ET. Estimate 7.5%. Core CPI 3.0%US Philadelphia Fed manufacturing index. 8:30 AM ET. Estimate 20.6 versus 27.4 last monthUS unemployment claims. 8:30 AM ET. Estimate 190K versus 185K last weekBOE Gov. Bailey speaks at 12:30 PM ETECB Pres. Lagarde speaks at 1 PM ETFed's Powell speaks at 1 PM ETFriday, April 22Australia flash manufacturing and services PMI. 7 PM ETJapan flash manufacturing PMI. 8:30 PM ETUK retail sales. 2 AM ET. Estimate -0.3% versus -0.3% last monthGermany flash manufacturing PMI. 3:30 AM ET. Estimate 54.6 versus 56.9 last monthEU flash manufacturing PMI. 4 AM ET. Estimate 54.9 versus 56.5. Services PMI 55.0 versus 55.6 last monthUK flash manufacturing PMI. 4:30 AM ET. Estimate 54.3 versus 55.2Canada retail sales 8:30 AM ET. Estimate -0.5% versus 3.2% last month. Core retail sales 0.2% versus 2.5% last monthUS flash manufacturing PMI. 9:45 AM ET estimate 58.1 versus 58.8 last month. Services PMI flash estimate 58.0 versus 58.0 last month
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