With recent volatility driven primarily by geo-political factors, this week will see a host of big economic and corporate factors come into play for investors. Central banks are back in focus, with Fed members will speak starting Tuesday early Sydney Australia time all the way through Saturdays morning. Alongside minutes from the Reserve Bank of Australia (RBA) and German Deutsche Bundesbank (Buba) president Jens Weidmann is to speak on Friday. The UK will be heavily focused amid recent gains for the pound, with jobs and inflation data released.

Meanwhile, look out for the return of earnings season, with a host of big bank earnings from Goldman Sachs, Morgan Stanley, and BNY Mellon. Also keep an eye out for earnings from Netflix, which is recovering after the recent tech sell-off.

Monday

1.30pm – US retail sales (March): forecast to rise 0.3% MoM from a 0.1% drop. Markets to watch: US indices, USD crosses

Tuesday

6.30pm – UK employment data: claimant count for March forecast to fall 5K from a rise of 9.2K. Unemployment rate forecast to be 4.4% in February from 4.3%, while February average earnings (including bonus) rise 2.6% from 2.8%. Market to watch: GBP crosses

7pm – German ZEW index (April): economic sentiment forecast to drop to 3.2 from 5.1. Market to watch: EUR crosses

10.30am – US housing starts & building permits (March): housing starts expected to rise 2.8% MoM from a 7% drop, and permits to rise 2% from a 4.1% drop. Markets to watch: US indices, USD crosses

Wednesday

9.50am – Japan trade balance (March): expected to see a deficit of Y100 billion. Market to watch: Yen crosses

6.30pm – UK CPI (March): forecast to rise 2.8% YoY and 0.3% MoM, from 2.7% and 0.4% respectively. Core CPI to rise 2.5% from 2.4%. Market to watch: GBP crosses

12.30am – US EIA crude stockpiles (w/e 13 April): stockpiles expected to fall by 30,000 barrels. Markets to watch: Brent, WTI

Thursday

11.30am – Australia employment data (March): 20K jobs forecast to have been created, from 17.5K in February, while the unemployment rate falls to 5.5% from 5.6%. Market to watch: AUD crosses

6.30pm – UK retail sales (March): forecast to rise 0.4% MoM and 1.2% YoY, from 0.6% and 1.1% respectively (excluding fuel). Market to watch: GBP crosses

10.30pm – US Philadelphia Fed index (April): expected to be 20.9 from 22.3. Markets to watch: US indices, USD crosses

Friday

9.30am – Japan CPI (March): forecast to be 1.5% YoY from 1.5%. Core CPI to be 1%, in line with last month. Market to watch: JPY crosses

3pm – eurozone consumer confidence (April, flash): expected to be -0.6 from 0.1. Market to watch: EUR crosses

 

 

Company announcements

 

Monday 16

Tuesday 17

Wednesday 18

Thursday 19

Friday 20

 

 

 

 

Half/Quarterly earnings

 


Netflix, Inc. (NFLX) 
1Q2018 forecast $0.63 previous $0.40


Goldman Sachs Group, Inc. (The) (GS) 
1Q2018 forecast $5.67 previous $5.15

International Business Machines Corporation (IBM) 1Q2018 forecast $2.39 previous $2.38

Johnson & Johnson (JNJ)1Q2018 forecast $2.01 previous $1.83

UnitedHealth Group Incorporated (UNH)1Q2018 forecast  $2.92 previous $2.37

American Express Company (AXP) 1Q2018 forecast $1.73 previous $1.34

 

Morgan Stanley (MS)       1Q2018 forecast $1.28 previous $1.00

  

Philip Morris International Inc (PM)1Q2018 forecast $0.87 previous $0.98

 General Electric Company (GE)1Q2018 forecast $0.11 previous $0.21

 

Procter & Gamble Company (The) (PG)1Q2018 forecast $0.99 previous $0.96