Key Dates

April 6 – Reserve Bank of Australia makes its interest rate decision. Expect no surprises here, as RBA head Philip Lowe has previously stated that rates would remain at historic lows until at least 2024 owing to sluggish wage growth.

April 6 – The US Energy Information Administration releases its monthly short-term energy outlook report, which will signal supply and demand trends in the US and global markets.

April 7 – Reserve Bank of India makes its interest rate decision.

April 7 – Composite and Services PMI data released in United Kingdom. UK Manufacturing PMI data surprised on the upside last week.

April 7 – US crude oil inventory data released.

April 7 – US Fed releases the minutes from its most recent meeting, which is expected to shed light on whether there was any dissention within the FOMC regarding the Fed’s plan to maintain low rates through 2023 despite a rapidly improving economic outlook.

April 8 – ECB releases its monetary policy statement. Last month, the ECB moved to clamp down on bond market volatility by upping its QE purchases.

April 9 – US Producer Price Index (PPI) data released.

April 11 – General election in Peru.