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Macroeconomic calendar

Daria Bulanova, Analyst, Global Markets (Finam)

A modest flow of economic data that we find interesting is expected on Tuesday, April 10.

The Bank of Japan’s rate decision will be published at 3.30 GMT. On the whole, analysts do not forecast any revision of the key rate, but statements by central bank officials about plans to support the national economy could be of interest to investors.

Swiss franc investors are advised to keep an eye on Switzerland’s unemployment rate in March at 5.45 GMT. In line with the consensus forecasts, seasonally adjusted unemployment remained unchanged at 3.1%.

Euro-sensitive information will be released at 6.00 GMT, i.e. Germany’s trade balance, import and export numbers for February. On the whole, analysts anticipate that the country’s trade surplus fell from EUR 14.2 bn in January to EUR 13.5 bn, and this could adversely impact the single European currency. The weekly index of retail store sales is due out of the United States at 11.45 GMT and a weekly report on comparable sales at the country’s largest retail chains (Redbook) will come out at 12.55 GMT.

Pound sterling investors are advised to take a look at the UK’s retail sales, tallied by the British Retail Consortium, at 23.01 GMT. As analysts expect, retail sales remained unchanged after a 0.3% y-o-y drop the prior month, which could spell good news for the pound.

Also, China’s trade balance, and also March import and export data will be announced on April 10. The exact time of the publication is still unknown.