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© Reuters.
Investing.com – The US economic calendar is busy this week. Updates on the housing market, retail sales, industrial production and trade will provide investors with new information on the health of the economy in general.
A number of Fed stakeholders are also on the list, including Chicago Fed President Charles Evans and St. Louis Fed President James Bullard.
China needs to release tightly monitored economic data, including a first-quarter growth survey on Wednesday after a spate of mediocre data from the world's second largest economy, which scared investors earlier this year.
It will also be a shorter holiday week as most major financial markets are closed on Fridays for the start of the Easter holidays.
The decline hit its two-week low against Friday, driven by risk appetite, buoyed by signs of stabilizing the Chinese economy and the strong start to US corporate earnings season.
Chinese data shows that exports rebounded last month, helping to offset lower imports and a further reduction in Germany's growth forecasts, badysts said.
European data was encouraging, as industrial production in the euro area declined less than expected in February.
"It's a festive atmosphere for the markets. The good news from China and the United States is looking good, "said Joe Manimbo, Senior Market Analyst at Western Union Business Solutions in Washington.
"It's a safe haven, which is why the dollar is underperforming," he said.
Against the Japanese yen, which tends to take advantage of geopolitical or financial tensions, Japan being the first creditor country in the world, the increase of 0.34%.
The company, which is sensitive to changes in risk sentiment, rose by 0.69%.
The pound pushed up against the greenback as traders were encouraged by the immediate Brexit risks that were pushed back due to this week's delay on the release date. was up 0.19% to $ 1.3077.
The pound weakened against the firmest, the single currency rising 0.23% to 0.8632 at the end of the session.
ING badysts have said they expect a drop in the pound sterling over the next few months, in part because the conservative party's leadership battle could result in a radical eurosceptic prime minister, as well as because that the six month period granted to Brexit was too short for the Bank of England to tighten up. Monetary Policy.
The "partial cleaning of the British pound's (and the creation of new speculative) speculative positioning since the beginning of the year may also contribute to the reversal of the fact that the pound's positioning is no longer truly distorted. in a sense, "the badysts wrote.
The Dutch bank predicts that the pound sterling will test levels of 88 pence per euro and 1.27 dollar.
Investing.com has compiled, before the coming week, a list of important events likely to affect the markets.
Monday April 15th
The Bank of Canada to release its business outlook survey.
Charles Evans, president of the Fed Bank of Chicago, and Eric Rosengren, president of the Boston Fed, are about to speak.
Tuesday April 16th
The Reserve Bank of Australia will publish the minutes of its last political meeting.
The United Kingdom must publish its report on employment.
The ZEW Institute will publish a report on the German economic climate.
Canada must publish sales data for manufacturers.
The United States must report on industrial production.
Dallas Fed President Robert Kaplan will speak.
Wednesday April 17th
New Zealand must publish its inflation data.
China will release first quarter growth figures as well as data on capital investment and industrial production.
The UK must report on inflation.
Canada needs to produce data on trade and inflation.
The Governor of the Bank of England, Mark Carney, will speak at an event in Paris.
The Fed will publish its beige book.
Philadelphia Fed President Patrick Harker and St. Louis Fed Chief James Bullard will speak.
Thursday 18 April
Australia must publish its employment report.
The euro area should publish data on the activity of the private sector.
The United Kingdom must publish retail sales data.
Canada and the United States both need to publish retail sales figures. They must also publish the Philly Fed Manufacturing Index and weekly report on jobless claims.
Atlanta Fed Chairman Raphael Bostic will speak.
Friday April 19th
The financial markets of Hong Kong, Europe and the United States will be closed for the start of the Easter holidays.
The United States must publish data on building permits and housing starts.
– Reuters contributed to this report
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