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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's main data release will be the eurozone April industrial production data, due at 1000BST.
With all the national IP data now released, overall eurozone data is expected to rise 0.4% on the month, beating the more modest 0.1% gain seen in March. However, undoubtedly the striking number will be the expected 37.4% y/y gain -- a base effect against the first full month of coronavirus restrictions across Europe last year.
German, French and Italian data all showed strong year on year gains last week and that will be reflected in the pan-euro data as the manufacturing sector continues to underpin the recovery.
Source: Eurostat
The only U.S data expected Monday is the NY Fed expectations survey at 1500BST. However, ahead of that at 1330BST, the lates Canadia manufacturing sales report is due, with expectations of at 3.5% m/m gain.
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.