Home / Economic News / WEEK 17 (April 25 – 29) : Forthcoming economic news-releases

WEEK 17 (April 25 – 29) : Forthcoming economic news-releases

Undoubtedly, the most interesting event of the coming week will be the US rate decision and FOMC Statement. According to CME Group the chances of rates hike are very small – only 2,3%. Due to this most of the traders are waiting not the decision itself, but the FOMC Statement and Janet Yellen rhetoric. It may also affects the rates greatly.

(All times are GMT)

On Monday, at At 8:00am Ifo Institute for Economic Research will provide information about German business sentiment.

On Tuesday, at 12:30pm statistical data from USA will arrive: monthly data of Core Durable Goods Orders from Census Bureau.

At 12:55pm Bank of Canada Governor Stephen Poloz text speech due to be released 15 minutes earlier than the speaking time listed. Speech will be held at the Canada-US Securities Summit, in New York.

At 1:50pm Bank of Canada Governor Poloz holds a press conference at the Canada-US Securities Summit, in New York.

At 2:00pm the Conference Board Inc. will release CB Consumer Confidence index in USA.

On Wednesday, at 1:30am we will get Consumer Price Index (CPI) from Australian Bureau of Statistics.

At 8:30am UK Office for National Statistics will announce quarterly Prelim GDP data.

At 2:30pm Crude Oil Inventories release from US Energy Information Administration.

At 6:00pm US Federal Funds Rate, FOMC Statement and FOMC Economic Projections are expected.

At 9:00pm Official Cash Rate and RBNZ Rate Statement will be issued by Reserve Bank of New Zealand.

On Thursday, at 5:00am Bank of Japan (BOJ) will provide Outlook report for Economic Activity and Prices. BOJ Governor Press Conference will follow.

At 12:30pm statistical data from USA will arrive: Advance GDP from Bureau of Economic Analysis and Unemployment Claims from Department of Labor.

On Friday, at 8:00am Swiss National Bank Governing Board Chairman Thomas Jordan speaks at the Swiss National Bank’s General Meeting of Shareholders, in Bern.

At 12:30pm monthly GDP will be published by Statistics Canada.

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