A Data Packed Week Ahead in the U.S. - UOB
Analysts at UOB Group suspect that this could be an action-filled week
for the US with the Fed in action and GDP data on tap whilst the US
corporate earnings reports season continues in full swing with
particular interest on the US oil majors reporting at the end of the
week.
Key Quotes:
"US politics will also
take a big share of the US domestic attention with primaries taking
place in Connecticut, Delaware, Maryland, Pennsylvania and Rhode Island
on 26-27 April."
"Data wise, on Tuesday, durable goods orders for
March will be released, alongside S&P/Case-Shiller home prices for
February, Markits US services PMI as well as the Conference Board
consumer confidence releases for April.
"On Wednesday, markets receive pending home sales for March."
"The
highlight on Thursday would be the 1Q16 GDP advance estimate release.
The usual weekly initial jobless claims for the week ending 23 Apri will
also be rolled out."
"Finishing off the week on Friday, markets
receive employment cost index for 1Q16, personal income/spending for
March, Chicago PMI for April, as well as the University of Michigan
consumer sentiment releases for April."
