In today’s calendar, it is worth paying attention to the release of final PMI data for March. In the first part of the day, we will receive a series of reports from European economies. Later, attention will shift to the US, where PMI and ISM data will be published.
Based on the PMI reports already released, the impact of the war in the Middle East is becoming increasingly visible. Companies are reporting supply chain disruptions, as well as rising fuel and related product prices. As a result, today’s ISM data could be particularly important.
Before the US PMI and ISM releases, we will also receive the ADP employment report, which will be an important release ahead of Friday’s official Nonfarm Payrolls (NFP) data.
Wednesday, April 1
- All day — Manufacturing PMI data from major global economies
- 12:50 AM GMT — Japan Q1 Tankan index
- 01:15 PM GMT — US ADP employment data (March)
- 01:30 PM GMT — US retail sales (February)
- 03:00 PM GMT — US ISM manufacturing PMI (March)
- 03:30 PM GMT — US DoE crude oil inventories
Daily Summary - Markets Await Trump's Address
BREAKING: ISM shows that expansion continues but inflationary pressures surge
BREAKING: U.S. retail sales above expectations! EUR/USD is gaining!
BREAKING: US ADP report higher than expected, USDIDX reacts