FXPrimus has summarized the important market indicators of the week.

THIS WEEK’S INDICATORS

Last week was the end of the first quarter in 2018 where the US Dollar posted weekly gains but concurrently it found the index remaining somewhat under pressure when one looks at the monthly chart.

US Markets came under stress following a number of geopolitical concerns despite the growth in GDP and the positive Consumer data as tensions between US President Trump with China, North Korea, Iran, and Venezuela weighed in.

With a countdown having started on many geopolitical fronts investors will focus on the Non-Farm Payroll figures this week as clues on interest rates, and hence the Dollar’s direction is to be given.

April 2nd, Monday

Easter week begins, ISM Manufacturing PMI likely to add volatility in calm session.

A rather quite session on the economic release front today Monday as the Easter week begins.

Investors can expect to see fluctuations due to the outstanding geopolitical challenges this week but for today attention turns to the ISM Manufacturing PMI coming for the US.

April 3rd, Tuesday

RBA Rate main focus on Tuesday, PMI reports in Europe to have investors react.

On Tuesday markets are expecting the Australian interest rate decision while economists anticipate a hold as wages remain flat.

On other daily events, Euro-wide and UK Manufacturing PMIs are likely to be supportive of trading opportunities.

April 4th, Wednesday

Macro data to be scrutinized by investors, Wednesday’s emphasis on European CPI.

Australian Retail Sales and the Chinese and UK PMIs may reconstruct markets in the Wednesday session but Euro traders will shift their focus on Eurozone’s preliminary Inflation numbers at 09:00 AM GMT.

Directional bias on Dollar will play in following ADP’s NFP, the US ISM Non-Manufacturing PMI and in a smaller degree following EIA’s crude stocks report, where commodity trades may participate in.

April 5th, Thursday

Economic indicators closely watched, Aussie, Cable and Loonie opportunities feasible.

Investors will have many indicators to watch closely on Thursday as Australia and Canada are releasing data on Trade Balance, in Europe participants are waiting for Euro-wide, including the UK, PMI releases, and in the US, market players will most likely be provided with clues on price action during the release of the Unemployment Claims. z

April 6th, Friday

Carney and Powell to speak, but markets attention undoubtedly on key NFP.

The closing of the week will find investors trading the monthly nonfarm payrolls release for the month of March.

With focus especially on wage growth, clues on future interest rates are to be given too as investors are still trying to define Powell’s approach to policy.

Carney’s and Powell’s speeches most likely to support the weekly close.