Key Economic Events to Watch This Week
Stock markets closed the week on a turbulent note, with declines driven by disappointing earnings from major U.S. banks, escalating geopolitical tensions, and uncertainty surrounding the Federal Reserve’s monetary policy. As investors brace for another week of market volatility, here are three key economic events to watch:
1. March’s Retail Sales – Monday, 04/15: This report will provide insights into consumer spending habits and the overall health of the economy. It will also shed light on inflation pressures driven by demand-side factors.
2. March’s Industrial Production – Tuesday, 04/16: This report will reveal the production levels of key U.S. industries, serving as a leading indicator of GDP growth and economic performance. It is sensitive to consumer demand and interest rates.
3. March’s Existing Home Sales Change – Thursday, 04/18: This report will offer valuable information on the sales volumes and prices of existing homes, providing crucial insights into the housing market’s health and its impact on the broader economy.
With ongoing concerns about inflation, interest rates, and global tensions, investors will closely monitor these economic events for clues on the future direction of the markets. Stay tuned for more updates and analysis from TipRanks Macro & Markets research analyst Yulia Vaiman.