The major news of this week for the financial markets
Here you will find the main financial news of this week, which will influence the financial markets 1. The indicator of GDP growth of China for the first quarter
On Monday China plans to publish the data of GDP growth in the first quarter. It is expected that the data will show the increase by 6,7%. Also, today the Chinese data on consumer prices and producers’ prices inflation are expected. 2. The speeches of the FRS representatives
The financial market will focus on the series of speeches of FOMC in order to get the understanding of politicians’ opinion balance regarding the further rate increase.
3. The focus on the commentaries of the head of the Bank of Japan
The currency traders will wait for the commentaries of Haruhiko Kuroda, the head of the Bank of Japan on Tuesday and Thursday regarding banking interventions in the currency trading market in order to strengthen yen. 4. The banks of England and Canada will make a decision regarding the rates
On Thursday the Bank of England will make a decision regarding the rates and will publish the minutes of the session of the Committee of the monetary policy. The Bank of Canada will make its decision on Wednesday. 5. The start of the USA reports for the first quarter
This week the USA will make the reports on the income for the first quarter with the expectations of income decline for the stock by 7,9% the third quarter in a row. The energy sector will publish its first quarter loss for at least the last 10 years.