Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Monday throws up a calendar of largely second tier data, with the main releases of the week coming on Tuesday when the services PMI data crosses the wires.
German trade surplus boost (0700SBT)
German trade data is expected to see a pick-up in the trade surplus to EUR 7 billion from EUR 3.5 billion previously. Imports are expected to have recovered to +1.5% in Feb from a 2.8% decline in January. Imports are seen having slowed to 1.4% from 4.2% in January.
Turkey Inflation data (0800BST)
Turkey CPI is seen picking up again in March, with a monthly rate coming in t 5.61%, extending Y/Y gains to 61.5%. Factory gate inflation is expected to quicken to 115% y/y from 105% y/y seen in February.
US Factory Orders (1500BST)
US factory orders are expected to decline 0.5% in February after gaining 1.4% in January. Ex-transports, orders are seen declining 0.4% after a 1% gain previously.
Speakers Monday include BOE Governor Andrew Bailey, Deputy Governor Jon Cunliffe and MPC member Cathy Mann. ECB President Christine Lagarde and Executive Board member Fabio Panetta will attend the Eurogroup meeting.
Data forecasts for the coming week are on the MNIwebsite
| Date | GMT/Local | Impact | Flag | Country | Event |
| 04/04/2022 | 0600/0800 | ** |  | DE | trade balance |
| 04/04/2022 | 0700/0300 | * |  | TR | Turkey CPI |
| 04/04/2022 | 0830/0930 |  | UK | BOE Mann Speech at Resolution Foundation on Economic Outlooks | |
| 04/04/2022 | 0905/1005 | | UK | BOE Bailey Speech at Stop Scams Conference | |
| 04/04/2022 | - |  | EU | ECB Lagarde, Panetta attend Eurogroup | |
| 04/04/2022 | 1230/0830 | * |  | CA | Building Permits |
| 04/04/2022 | 1400/1000 | ** |  | US | factory new orders |
| 04/04/2022 | 1400/1500 | | UK | BOE Cunliffe at European Economics & Financial Centre Seminar | |
| 04/04/2022 | 1430/1030 | ** | | CA | BOC Business Outlook Survey |
| 04/04/2022 | 1530/1130 | * | | US | US Treasury Auction Result for 13 Week Bill |
| 04/04/2022 | 1530/1130 | * | | US | US Treasury Auction Result for 26 Week Bill |
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.