HF Markets highlights key economic events for traders April 10, 2024

As the financial markets gear up for another week of crucial economic data releases and central bank decisions, HF Markets, a leading online Forex, and CFD broker, has highlighted key events that traders should keep a close eye on.

Wednesday, April 10:

• 02:00 GMT – RBNZ Rate Decision & Statement: The Reserve Bank of New Zealand’s rate decision and accompanying statement are expected to impact NZD and AUD pairs.
• 12:30 GMT – US Consumer Price Index: The release of the US Consumer Price Index data will likely have an effect on USD pairs and US indices.
• 13:45 GMT – BoC Rate Decision & Press Conference: The Bank of Canada’s rate decision and subsequent press conference are significant for CAD pairs.
• 18:00 GMT – FOMC Meeting Minutes: The Federal Open Market Committee’s meeting minutes will be closely scrutinized for their impact on USD pairs and US indices.

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Thursday, April 11:

• 12:15 GMT – ECB Main Refinancing Rate: The European Central Bank’s main refinancing rate announcement will influence EUR pairs and EU indices.
• 12:45 GMT – ECB Press Conference: Following the rate decision, the ECB’s press conference will further impact EUR pairs and EU indices.
• 12:30 GMT – US Producer Price Index: The release of the US Producer Price Index data is significant for USD pairs and US indices.
• 12:30 GMT – US Unemployment Claims: Traders will be watching the US Unemployment Claims data, which can affect USD pairs and US indices.

Friday, April 12:

• 06:00 GMT – UK GDP: The release of UK GDP figures will be important for GBP pairs and the FTSE100.
• 14:00 GMT – UoM Preliminary Consumer Sentiment: The University of Michigan’s Preliminary Consumer Sentiment index will round off the week’s key events, impacting USD pairs and US indices.

These events are likely to bring increased volatility and trading opportunities across major currency pairs and indices. Traders are advised to stay informed and exercise caution in their trading strategies. HF Markets will continue to provide updates and insights to its clients throughout the week. Click our special button to sign up with HF Markets.