In April we are waiting the FOMC decision regarding the Fed Rate. Many economists already expressed their expectations of upcoming Fed Rate hike. But as many times were noticed by Janet Yellen, FOMC will strictly follow situation in US. And it means that situation at US labor market will have very serious impact on the decision. So, definitely after the nearest NFP (this Friday) we will have a more clear vision concerning the probability of Fed Rate hike at April 27.
(All times are GMT)
On Tuesday, at 2:00pm the Conference Board Inc. will release CB Consumer Confidence index.
At 3:30pm Federal Reserve Chair Janet Yellen deliver a speech titled “Economic Outlook and
Monetary Policy” at the Economic Club of New York luncheon.
On Wednesday, at 12:15pm US Non-Farm Employment Change will be announced by Automatic Data Processing, Inc. (ADP).
At 2:30pm Crude Oil Inventories release from US Energy Information Administration.
On Thursday, at 7:00am Bank of England Governor Mark Carney holds a press conference at the Financial Stability Board Plenary meeting, in Tokyo.
At 8:30am Great Britain Office for National Statistics announces Current Account – difference in value between imported and exported goods.
At 12:30pm monthly GDP will be published by Statistics Canada.
At 12:30pm numbers of US Unemployment Claims are expected from Department of Labor.
On Friday, at 8:30am Manufacturing PMI (Purchasing Managers’ Index ) in Great Britain will be released by Markit.
At 12:30pm data from US labor market will arrive. As usually, US Non-Farm Payrolls data are published on the first Friday of month. Simultaneously, US Unemployment Rate and changes in monthly Average Hourly Earnings are issued together with US NFP.
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