Economy

Upcoming Economic Indicators Expected to Influence Monday's Market Movements

Published April 29, 2024

Investors and analysts are gearing up for a busy day of economic data releases scheduled for Monday, which could shed light on the current state of various European economies and potentially influence stock market trends.

Key European Economic Data Releases

Market participants are closely monitoring the release of several key economic indicators. In the Netherlands, the Producer Confidence Survey for April is expected at 04:30 GMT. Shortly thereafter, at 06:00 GMT, Sweden will publish its 1st Quarter Flash GDP figures and March Retail Sales data, providing insights into the country's economic growth and consumer spending patterns.

Consumer Prices and Business Sentiments

Attention will also be drawn to Slovakia and Spain at 07:00 GMT for the April Economic Sentiment Indicator and Business Tendency Survey, and the April Flash Estimate Consumer Price Index (CPI), respectively. Germany's focus will be on the Consumer Price Index from various regions throughout the morning, crucial for understanding inflation trends. Italy's foreign trade with non-EU countries for March will be featured at 08:00 GMT. Cyprus's Industrial Production Index for February and Belgium's 1st Quarter Preliminary GDP will be announced at 09:00 GMT, followed by the European Union's April Business & Consumer Surveys, which include the Business Climate Indicator & Economic Sentiment Indicator.

More Economic Measures Impacting Markets

Further economic measures set for release include Belgium's April CPI at 09:30 GMT, Ireland's Preliminary GDP Estimate for the 1st Quarter and March Retail Sales Index at 10:00 GMT, and Germany's April Provisional CPI at 12:00 GMT. Later in the day, Spain will report its March Budget deficit at 16:59 GMT, while the United Kingdom will release its April CBI Growth Indicator and Service Sector Survey as well as the Shop Price Index at 23:01 GMT.

These releases are highly anticipated as they provide vital economic insights that could potentially influence market sentiment and trading decisions. Investors are advised to monitor these events closely, as they may impact investment strategies in the European stock markets.

Economy, Trading, Markets