The main events of Thursday!

On Thursday, April 5, the day is full of data on business activity in the services sector in Europe and the trade balance of the US and Canada.

At 04:30 – the Australia’s trade balance, the forecast is 0.700D, the previous value is 1.055D.

At 09:00 – the volume of production orders in Germany (m/m), the forecast is 1.5%, the previous value is -3.9%.

At 10:15 – the consumer price index (CPI) of Switzerland (m/m), the forecast is 0.3%, the previous value is 0.4%.

At 10:55 – the index of business activity in the German services sector, the forecast is 54.2, the previous value is 54.2.

At 11:00 – data on the euro area:
– Composite index of business activity (PMI) from Markit in the euro area, the forecast is 55.3, the previous value is 55.3.
– The index of business activity in the services sector in the euro area, the forecast is 55.0, the previous value is 55.0.

At 11:30 – the index of business activity in the services sector of the UK, the forecast is 54.0, the previous value is 54.5.

At 12:00 – the volume of retail sales in the euro area (m/m), the forecast is 0.5%, the previous value is -0.1%.

At 15:30 – data on the US:
– The number of initial applications for unemployment benefits in the US, the forecast is 223K, the previous value is 215K.
– The US trade balance, the forecast is -56.50D, the previous value is 56.60D.

Also, at 15:30 – the Canada’s trade balance, the forecast is -2.00D, the previous value is -1.91D.

At 19:00 – a speech of a member of the Board of Governors of the National Bank of Switzerland, Mehler.

Hanzenko Anton