Earnings for the week
Abbott Laboratories, ASML Holding, Bank of America, Bank of New York Mellon, Blackrock, Charles Schwab, China Unicom, Citigroup, Citizens Financial Group, Contemporary Amperex Technology, Fastenal, Fifth Third, Goldman Sachs Group, Hangzhou Hikvision Digital Technology, Helvetia Baloise Holding, Huadian New Energy Group, Johnson & Johnson, JPMorgan Chase, Kweichow Moutai, M&T Bank, Marsh & McLennan, Morgan Stanley, Netflix, PepsiCo, PNC Financial Services Group, Progressive, Prologis, Singapore Exchange, State Street, Taiwan Semiconductor Manufacturing, Telefonaktiebolaget LM Ericsson, Tesco, Travelers, Truist Financial, US Bancorp, Wells Fargo.
Monday, April 13
ECONOMIC DATA:
- India CPI
- Israel central bank minutes
- Japan money stock
- Poland central bank minutes, trade
- Russia trade
- Turkey current account
- US existing home sales
EVENTS:
- Goldman Sachs kicks off the Wall Street quarterly earnings rush, with trading revenue and credit conditions in focus amid geopolitical tensions.
- Spring meetings of International Monetary Fund and World Bank, along with various related events, are held in Washington. Through April 18.
- Fed Governor Stephen Miran speaks at the Symposium on Building the Financial System of the 21st Century in Washington.
- ECB Vice President Luis de Guindos speaks at an event in Madrid.
- BOJ Governor Kazuo Ueda speaks at the Trust Companies Conference.
- RBA Deputy Governor Andrew Hauser participates in a fireside chat at the Money Marketeers of New York University.
- LVMH and Christian Dior sales figures may highlight tough times in the European luxury segment.
- OPEC monthly oil market report.
- The World Copper Conference, the top annual event focused on the industrial metal, is held in Santiago through April 15.
- Markets in several Eastern European countries are closed for the Orthodox Easter holiday.
- Pope Leo XIV begins a trip to Africa, with Algeria his first stop. Through April 23.
Tuesday, April 14
ECONOMIC DATA:
- Australia Westpac consumer confidence, NAB business confidence
- China trade
- Japan industrial production
- Mexico international reserves
- Singapore GDP, monetary policy statement
- Spain CPI
- US PPI, NFIB small business optimism
EVENTS:
- JPMorgan, Citigroup, Wells Fargo earnings.
- The IMF publishes its world economic outlook and global financial stability report.
- ECB President Christine Lagarde and Governing Council member Gabriel Makhlouf speak at events in Washington. ECB chief economist Philip Lane speaks at University of Virginia.
- ECB Executive Board member Piero Cipollone makes pre-recorded remarks at Confcommercio forum in Rome
- Chicago Fed President Austan Goolsbee speaks at Semafor World Economy in Washington.
- Fed Governor Michael Barr along with regional Fed Presidents Tom Barkin, Susan Collins and Anna Paulson participate in a fireside chat on “Strengthening America’s Economy Through Rural Investment” at a Fed forum.
- BOE Governor Andrew Bailey speaks at Columbia Univerisity in New York. Rate-setter Catherine Mann speaks at the Aon Insights Series in London, and colleague Megan Greene speaks at the Atlantic Council in Washington.
- Bank of Slovenia holds conference on investment challenges, with address by Governor Primoz Dolenc.
- US Vice President JD Vance speaks at a Turning Point USA tour stop in Georgia.
- The HSBC Global Investment Summit is held in Hong Kong through April 16.
Wednesday, April 15
ECONOMIC DATA:
- Eurozone industrial production
- France CPI
- India trade
- Israel CPI
- Japan machinery orders
- Philippines overseas remittances
- Poland CPI
- Saudi Arabia CPI
- South Korea unemployment
- US cross-border investment, Empire State manufacturing, Fed Beige Book
EVENTS:
- Morgan Stanley, Bank of America earnings.
- The IMF publishes its fiscal monitor, and Managing Director Kristalina Georgieva holds a press briefing.
- Fed Vice Chair for Supervision Michelle Bowman, BOE Governor Andrew Bailey and RBA Deputy Governor Andrew Hauser speak at the IIF Global Outlook Forum in Washington.
- Fed Governor Michael Barr speaks at the Just Economy conference in Washington.
- ECB President Christine Lagarde gives a keynote speech at a conference in Washington focused on equal opportunity for women.
- ECB Governing Council member Francois Villeroy de Galhau speaks at Semafor World Economy and separately at an Atlantic Council event in Washington. Executive Board member Piero Cipollone speaks at two events in Washington.
- ECB Executive Board member Isabel Schnabel speaks on an IIF panel in Washington with South African Central Bank Governor Lesetja Kganyago and others.
- ECB Governing Council member José Luis Escrivá, Swiss National Bank President Martin Schlegel and Bank of Korea Governor Chang Yong Rhee speak at a Peterson Institute event in Washington.
- Deadline to file 2025 US tax returns.
Thursday, April 16
ECONOMIC DATA:
- Australia unemployment
- Canada existing home sales
- China GDP, retail sales, industrial production
- Eurozone CPI
- Israel GDP
- Italy CPI
- Netherlands unemployment
- Switzerland central bank minutes, producer prices
- UK industrial production, trade balance
- US initial jobless claims, industrial production
EVENTS:
- Netflix earnings.
- G20 finance ministers and central bank governors meet in Washington.
- The ECB publishes the account of its latest monetary policy meeting.
- New York Fed President John Williams gives keynote remarks at the Metropolitan Club. Governor Stephen Miran participates in a conversation on global macroeconomics at the Washington Economic Festival.
- RBA Assistant Governor Sarah Hunter participates in a panel at IMF–World Bank spring meetings.
- ECB Executive Board member Isabel Schnabel speaks at a Peterson Institute event in Washington.
- BOE rate-setter Alan Taylor participates in a panel hosted by the Peterson Institute for International Economics. ECB Governing Council members Martins Kazaks and Ollie Rehn and chief economist Philip Lane also speak.
- ECB Governing Council members Martin Kocher and Dimitar Radev speak at an Atlantic Council event.
- Swiss National Bank Governing Board member Petra Tschudin speaks at a money market event in Zurich.
- Kering’s Capital Markets Day in Florence to discuss a new strategic plan for the parent of Gucci, Saint Laurent and other luxury brands.
Friday, April 17
ECONOMIC DATA:
- Canada housing starts
- Eurozone trade balance
- Malaysia GDP, CPI
- New Zealand food prices
- Singapore trade
EVENTS:
- The IMF’s international monetary and financial committee meets in Washington.
- Fed Governor Christopher Waller speaks on the economic outlook at Auburn University. Richmond Fed President Tom Barkin delivers a keynote address at the Citadel Directors Institute.
- ECB Supervisory Board Chair Claudia Buch speaks in Washington.
- Hong Kong Rugby Sevens kicks off and runs through April 19 at Kai Tak Sports Park.
SOVEREIGN RATING UPDATES:
Turkey, Belgium, Jordan: Credit Ratings Review for April 17