Good Morning Traders! It is Tuesday 18th April, a big day for Europe with UK Unemployment, German ZEW and Eurozone Trade Balance numbers all coming in.
Here are some things to keep aware of before today's session.
A indication that the recovery is on track, China's economy expanded at its quickest rate in a year in the first quarter as the end of Covid Zero gave way to greater consumer spending and manufacturing output.
Thomas Barkin, president of the Richmond Federal Reserve, stated that he wants to see more proof that US inflation is reducing back to the central bank's target of 2%.
After Covid Zero ended, data revealed that China's economic recovery was proceeding as planned, increasing the prospect for demand.
Due to the nation's recovering tourism industry, its weak currency, and low lending rates, foreign investors are acquiring Japanese hotels at a rate not seen in almost a decade.
02:00 AM ET
UK Unemployment Rate
Median Forecast 3.7% | Prior 3.7% | Range 3.8%/3.7%
UK Unemployment Change
Median Forecast 10.2k | Prior -11.2k
05:00 AM ET
German ZEW Economic Sentiment
Median Forecast 15.6 | Prior 13.0 | Range 25.0/5.0
German ZEW Current Conditions
Median Forecast -40 | Prior -46.5 | Range -22.0/-48.0
Eurozone Trade Balance
03:00 AM ET
EC President von der Leyen addresses European parliament on EU-China relations.
04:30 AM ET
ECB's Centeno speaks at an event in Lisbon.
Good Luck Today Traders!