Next Week At A Glance

Assuming the news does not take a serious turn for the worse over Easter, we head into next week with markets feeling a little more optimistic due to apparent virus curve-flattening here and abroad. We may yet see a pre-Easter safety sell-off this afternoon nonetheless.

But as the curve flattens, if that’s the case, economic data releases are beginning to tell more of a tale.

Next week we’ll see the NAB business confidence survey for March and the Westpac consumer confidence survey for April. And we’ll see the March job numbers, which will still not yet paint a true picture.

US retail sales and industrial production numbers for March will begin to show signs while Chinese trade data, retail sales, industrial production and fixed asset investment numbers for March will be worth staying home for, as will March quarter GDP.

Let the games begin.

Greg Peel

About Greg Peel

Greg Peel joined Macquarie Bank in 1986 and acquired trading experience in equities, currency, fixed income and commodities derivatives, ultimately being appointed director of equity derivatives trading. He later published In With The Smart Money (a plain English guide to the mysterious world of financial markets and derivatives) and acted as a consultant to boutique investment funds. In 2004 Greg joined FNArena as a contributing writer. He is now a director and principal of the company. Greg compliments the journalistic background of the FNArena team with lengthy experience as a financial markets proprietary trader.

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