empty
 
 

2016.04.1102:35:00UTC+00Fundamentals to Watch Out for This Week

This week is quite risk heavy and from around the world. Special attention is on Chinese economic releases.

What to watch for over the coming days –

  • U.S. Earnings –

For S&P 500 and U.S. economy, focus has turned to earnings per share, which has been declining since last year. So focus will turn to company specific data, when earnings season begins on Monday. Earnings are expected to decline 8.1% from a year ago, on an average.

  • FED emergency meeting –

Monday has become extra important as FED has announced an emergency meeting on rates. So focus will be on any announcements from FED.

  • UK inflation –

Though for Pound, focus has turned towards possibility of Brexit, inflation nonetheless is likely to have impact on Pound based pairs. UK inflation data for March will be on Tuesday.

  • China Trade balance -

Trade balance from China will be announced on Wednesday, around 2:00 GMT. Last month trade data turned out to be disastrous, so it will be vital to see, whether it improves or deteriorates.

  • BOC rate decision –

Bank of Canada will announce rate decision on Wednesday at 14:00 GMT. Focus will be on rate guidance and recent reaction on strengthening of Loonie.

  • UK rate decision –

Bank of England (BOE) will announce rate decision on Thursday, No change is expected but if MPC votes change, impact could be big for Pound.

  • China GDP -

World’s second largest economy will announce first quarter GDP on Friday and economic growth is expected to weaken to 6.7% compared to 6.9% in previous quarter.

  • IMF, World Bank meeting –

IMF and World Bank will begin their spring meeting on April 15th, where assistance towards countries like Ukraine, Angola likely to be discussed. IMF will release its World Economic Outlook on Tuesday.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback