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April 30, 2019 @ 08:43 +03:00
Important upcoming events and publications for April 30 (GMT):
09:00 Euro area preliminary GDP estimate has the greatest potential to influence the markets, as often it deviates from expectations. Markets are expected growth by 0.3% QoQ and 1.1% YoY. Eurozone data in recent weeks has presented unpleasant surprises and caused the sale of the Euro. Impact on the Euro: moderate.
12:00 German Consumer Price Index will turn in the direction of growth, as expected in the market, accelerating from 1.3% YoY to 1.5% YoY. Note that during the day there will be published estimates for individual lands, which can affect the course of trading in pairs with the Euro. Impact on EUR: moderate.
12:30 Canadian GDP in February is expected to remain at the level of the previous month, and the growth rate set to decrease from 1.6% YoY to 1.4% YoY. Weaker data may increase pressure on the Canadian dollar. Impact on CAD: high.
14:00 U.S. Consumer Confidence Index at the end of last year fell from the historical highs. However, at the beginning of the year, there has been a gradual recovery. The growth rate is able to strengthen the purchase of the dollar. Impact on USD: moderate.