Monday, April 6, 2020
The Business News Week Ahead
Data that will pick up March's virus effects will be packed at the end
of the week. German manufacturers' orders for February open the week on Monday
and weakness going into the crisis is expected. Japanese household spending has
also been consistently weak, and further contraction in February is the call.
On Tuesday the Reserve Bank of Australia will make a scheduled announcement,
one that isn't expected to lead to any further rate cuts. Japanese machine
orders will be posted on Wednesday and February weakness is expected. Thursday
will see the latest jobless claims report from the US amid expectations for yet
another giant jump. Canada's labour market report for March will follow on
Thursday while Friday's key data will be consumer and producer prices from
China and the latest indications on economic conditions in the country. Note
that due to virus disruptions, the UK National Statistics Office is bringing
forward release time for market-sensitive releases, to 7:00 a.m. local time
from 9:30 a.m. This effects monthly GDP and industrial production, both for
Thursday.
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