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The week ahead: ECB and FOMC minutes, PMIs in focus

Read the key events to monitor for the week which starts on April 5, 2021.  

 

The coming week is fairly quiet, as the market anticipates the first quarter earnings season.
Service sector PMIs will dominate the week alongside some key updates to trade, industrial production and inflation.
ECB and FOMC release minutes from their last meetings. The IMF’s spring meeting also commences. Fed Chairman Jerome Powell appears Thursday on an IMF panel.

 

WEEK AHEAD CALENDAR


Monday

Macro

US: Factory orders, US services & composite PMI, US ISM services survey

Japan: Jibun Bank services & composite PMI

Monetary Policy

Treasury Secretary Janet Yellen at Chicago Council on Global Affairs

 

Tuesday

Macro

US: JOLTS job openings

Eurozone: EZ unemployment, Spain unemployment, Italy unemployment

China: Caixin services & composite PMI

Japan: Household spending

Monetary Policy

Chicago Fed President Charles Evans.

 

Wednesday

Macro

US: Trade balance, Consumer credit

Eurozone: EZ services & composite PMI, Germany services & composite PMI, France services & composite PMI, Spain services & composite PMI, Italy services & composite PMI

UK: services & composite PMI

Monetary Policy

Chicago Fed’s Evans, Dallas Fed President Rob Kaplan, Richmond Fed President Tom Barkin, Federal Open Market Committee minutes.

 

Thursday

Macro

US: Jobless claims

Eurozone: Germany factory orders, France trade balance, EZ producer prices

Japan: current account, trade balance

Monetary Policy

St. Louis Fed President James Bullard, Fed Chairman Jerome Powell discusses economy on International Monetary Fund panel, ECB policy meeting minutes.

 

Friday

Macro

US: Producer price index, Wholesale inventories

Eurozone: Germany trade balance, German Industrial production, France industrial production, Italy retail sales

UK: Halifax house prices

China: Consumer prices inflation, Producer prices

Monetary Policy

UK BoE Quarterly Bulletin.

 

Source: CNBC, Investopedia, Markit .  

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