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Key Economic Data to Watch This Week

Asia

On Monday, China will release the Consumer Price Index (CPI) for March, followed by Indonesian retail sales for February.

On Tuesday, Japan releases the Producer Price Index (PPI) for March, while China reports a new amount of yuan loans in March and Australia presents the March Business Climate Index from the National Australia Bank (NAB).

Wednesday begins with the release of Japanese machinery orders for February. This is followed by the Australian consumer confidence index report for April from Westpac, and China reports imports, exports, and the trade balance for March.

On Thursday, South Korea reports import and export prices for March. Besides, the South Korean central bank will hold its monetary policy meeting and announce interest rate decisions. Australia will also announce the unemployment rate for March.

Europe

On Monday, the report on industrial production in the UK for February and the trade balance in February will be published.

On Tuesday, Germany publishes its inflation figures for March. ZEW will publish its April economic sentiment index for Germany and the EU. The UK will publish data on the claimant count for March, the average earnings index + bonus for March, the employment change for February, and the unemployment rate in February. This will be followed by the French trade balance report for February.

On Wednesday, the UK published its CPI and the PPI input for March. In Spain, the CPI for March and the EU will publish Industrial Production numbers.

On Thursday, the European Central Bank (ECB) meets on monetary policy and announces interest rate decisions. The Bank of England (BoE) issues the credit conditions survey.

On Friday, the French CPI will be published, followed by the Italian CPI.

The U.S.

On Tuesday, the National Federation of Independent Businesses (NFIB) will release the Small Business Confidence Index (NFIB) for March and the CPI for March.

On Wednesday, the U.S. Energy Information Administration (EIA) will publish the crude oil inventories change of the last week and PPI figures from the month of March will be published.

On Thursday, initial jobless claims will be reported, followed by March retail sales and March import and export prices.

On Friday, the NY Empire State Manufacturing Index for April and March industrial production will be released.

Last but not least, the Baker Hughes Total Rig Count for the United States will follow on Saturday.

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