Headlines the Economic Calendar on Friday
1. German Gross Domestic Product (GDP)
The German GDP will be published today and it is expected to drop to -1.5% q-o-q growth. This would lead to an annual realization of -3.6%. On the other hand, the Eurozone GDP is expected to drop to -0.8% q-o-q growth.
2. Eurozone Consumer Price Index (CPI)
Keep your eye on the Consumer Price Index in the Eurozone. On a year-on-year basis, the Eurozone CPI is expected to rise to 1.6% from 1.3%. A higher than expected reading will be positive for the single currency.
3. Canada GDP for February
Market consensus for Canada's GDP growth is 0.5% m-o-m growth in February. A higher than expected reading should be taken as positive for the Canadian Dollar.
4. US Michigan Consumer Sentiment
US Michigan Consumer Sentiment for April will be another important release of today. The Index is expected to rise slightly to 87.4 in April from 86.5 in the previous number. A higher than expected reading should be taken as positive for the US Dollar.
30 Apr 21 (Fri)
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