A preview of the next few weeks of fundamental releases. The final week of April will have several important events for the US, with the main two being Wednesday’s FOMC interest rate statement and Friday’s first look at 1st quarter GDP. The first week of April is dominated by our usual suspects, mainly manufacturing and services data from our major economies that should give investors and economists a sense of activity in those sectors during April, plus our US monthly jobs report. The second full week of April begins with the BOE deciding on interest rates which is fitting considering we have a slew of reports from the UK in the first half of the week. That includes figures on manufacturing production, the claimant count, trade balance, and the BOE inflation report.
Daily Video Recap: A Breakdown of Today’s Fundamental Reports
Fundamental Updates \ Nick Nasad \ 4:38 PM EDT \ June 10th, 2010There was a slew of reports on the fundamental docket including strong Chinese trade data, a strong Australian jobs report and better thane expected Japanese GDP data. That helped set off some risk appetite in global markets. We had 3 central bank decision – from the RBNZ, BOE and ECB. In North America we saw US trade and jobless claims data as well as trade figures from Canada.