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24.04.2023 13:22

Target levels and forecast for the week 24.04. 28.04.



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Target levels and forecast for the week 24.04. 28.04.Week is almost empty, we pay attention to the US GDP and Eurozone GDP for the 1st quarter, US PCE inflation and preliminary data on inflation of large Eurozone countries for April.The dynamics of European and American GDP may be disappointing, but the forecast for Europe is already negative, and for the US no one will tell the truth  this week Biden should announce his participation in the struggle for a new presidential term.Inflation in the Eurozone is important for the ECB's rhetoric on the prospects for a rate hike during the May meeting.Bank of Japan will publish its decision on Friday. Kazuo Ueda will hold his first full-fledged press conference  we are waiting for a statement on the correction of monetary policy, or at least a tightening of rhetoric.Fed officials will remain silent as a period of silence begins ahead of the May 3 meeting.The attention of large participants is focused on the reports of blue chips Big Tech and the dynamics of the stock market will largely depend on the quality of these reports.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 25USD: API Weekly Crude Oil Stock (20:30)NZD: Trade Balance (22:45)Wed, 26AUD: CPI (01:30)USD: Goods Trade Balance (12:30); Crude Oil Inventories (+Cushing) (14:30)Thu, 27USD: GDP, Initial Jobless Claims (12:30)JPY: CPI, Industrial Production, Retail Sales (23:50)Fri, 38AUD: PPI (01:30)JPY: BOJ Monetary Policy Statement, Outlook Report (03:00); Press Conference (05:00); Interest Rate Decision (16:55)EUR: GDP (09:00); Eurogroup Meetings (10:00)USD: PCE, Core PCE Price Index (12:30)For more news  see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket

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