It is Thursday the 27th of April, the day of the much anticipated US GDP print, ahead of the main event tomorrow: the PCE inflation numbers.
Here are some things to look out for.
Federal Reserve officials from opposing policy positions are finding some common ground in a key topic of interest-rate debates: They are skeptical that wage increases will fuel further inflation.
According to economists polled, US bank stress will tighten credit twice as much as Fed Chair Jerome Powell predicted, tipping the economy into recession.
8:30 AM ET
US GDP for QoQ for Q1
Median Forecast: 1.9% | Prior: 2.6% | Range: 3.5% / 0.4%
US Weekly Initial Jobless Claims
Median Forecast: 248K | Prior: 245k | Range: 250K / 225K
10:00 AM ET
US Pending Home Sales Change MoM for March
Median Forecast: 0.8% | Prior: 0.8% | Range: 2% / -5%
11:30 AM ET
US sells $50 bln 4-Week Bills
1:00 PM ET
US sells $35 bln 7-Year Notes
09:20 AM ET
BoE's Breeden speaks at the Insolvency Practitioners Association Annual Conference 2023, titled ‘Investing in financial stability’. (Text: Yes)
12:15 PM ET
ECB's Panetta gives a presentation on a Digitsl Euro.
4:00 PM ET
Amazon Q1 23 Earnings
Estimated EPS: 21c
Estimated Revenue: $124.7 bln
Intel Q1 23 Earnings
Estimated Loss/share: 15c
Estimated Revenue: $11.1 bln