BoJ, ECB and Riksbank interest rate decisions, Japan’s, France’s, Eurozone’s, and US PMI’s as well as Australia’s and France’s inflation data and other financial data of the next week in focus.

Next week’s market movers

1. Japan’s, France’s, Germany’s, Eurozone’s and US PMI’s, all of preliminary releases for April, could grab the market’s attention on Monday.
2. Australia’s Inflation data for the first quarter of 2018, Germany’s Ifo business climate for April and US consumer confidence also for April could move the market on Wednesday.
3. On Thursday the market is expected to shift its focus to Europe for Riksbank’s and ECBs’ interest rate decisions.
4. Last but not least, on Friday, BoJ’s interest rate decision, France’s preliminary CPI (EU Norm.) for April, Germany’s employment data for April as well as UK and US preliminary releases of GDP growth rates for the first quarter of 2018 could be the markets center of discussion.

The coming week is expected to have a plethora of financial data releases which could keep the market on its toes.

On Monday, during the Asian morning we get Japan’s preliminary Nikkei Manufacturing PMI release for April. The last reading of was of 53.1. Any reading higher than 53.1 could support the JPY as it could imply an expansion of the manufacturing sector of Japan. Later in European session, we get France’s Germany’s and Eurozone’s preliminary (P) manufacturing (Mfg) PMIs for April. France’s Mfg (P) PMI has currently no forecast, however any reading higher than the previous reading of 53.7 could support the common currency. Germany’s (P) PMI for April is forecasted to drop to 57.6 compared to previous reading of 58.2 and could weaken the EUR. Last comes in the European session, Eurozone’s preliminary Mfg PMI for April and is forecasted to drop to 56.1 compared to previous reading of 56.6. Should theforecast be realized we could see the…

For the full report, please check out the PDf below.

Week Ahead April 23rd to 27th