Events to Look Out for Next Week

  • Retail Sales (GBP, GMT 06:00) – Expectations are for a -0.3% March retail sales drop unchanged from last month.
  • Manufacturing PMI (EUR, GMT 07:30) – The prelim. German Manufacturing PMI for April is seen dipping lower at 54.6 from 56.9.
  • Manufacturing & Services PMI (GBP, GMT 08:30) – The prelim. PMI for April are expected to present once again that the manufacturing sector continues to struggle with supply chain disruptions and of course the sharp rise in energy prices. UK Services PMI is anticipated at 59.9 from 62.6 last month and manufacturing PMI at 54.3 from 55.2.
  • Retail Sales (CAD, GMT 12:30) –The final Core Retail Sales for February are seen at 2.4 % m/m from 2.5% m/m.

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Andria Pichidi

Market Analyst

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