Important upcoming events and publications

Important upcoming events and publications for April 23 (GMT):

14:00 Eurozone consumer confidence index is slowly recovering after the drop at the end of last year. The preliminary data for April is expected to show slightly improve from -7.2 to-7.0. However, negative values reflect the prevalence of pessimistic sentiment. The further fall of the index can exert pressure on the single currency. Impact on EUR: Low.

14:00 U.S. New Home Sales showed growth at the end of last year. However, other recent indicators of the housing sector have previously noted some cooling of housing activity. Market analysts expect a 3% drop in sales on average. A sharper recession can increase the alertness of the American economy and cause pressure on the dollar. Impact on USD: Moderate.

Detailed economic calendar