Headlines the Economic Calendar on Thursday
Eurozone Industrial production will be announced today. The Market expects industrial production to rise to 0.1% m/m in February from -0.1% a previous month. Year-on-year, it is expected to rise to 3.8% from 2.7%. A higher than expected reading should be taken as positive for the Euro.
The ECB monetary policy meeting minutes headline the economic calendar in European trading hours. The ECB kept interest rates unchanged at 0% in their last meeting. However, The ECB’s Nowotny comment stamped on the market this week. He said they will end bond buys this year, adding that it is too early to say when rate hikes will start.The minutes may help forecasters model ECB’s upcoming decisions.
U.S Initial jobless claims will come out today and it is expected to be 231 K, which points to a fall from previous week’s 242K. Any realization lower than expectations would be positive for the US Dollar
12 Apr 18 (Thu)
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