{"id":12466,"date":"2026-04-13T07:12:31","date_gmt":"2026-04-13T07:12:31","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=12466"},"modified":"2026-04-13T07:13:30","modified_gmt":"2026-04-13T07:13:30","slug":"weekly-overview-2026-04-13","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/it\/analytics\/weekly-overview-2026-04-13\/","title":{"rendered":"Week&#8217;s main events (April 13 \u2013 April 17)"},"content":{"rendered":"<div class=\"ag-base_page ag-m-format-container\">\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events April (13 \u2013 April 17)<\/h1>\n<div class=\"ag-analytics-page ag-market-overview-page\">\n<p class=\"ag-analytics_text\">This week will be pivotal for global markets, as investors assess the actual damage caused by the recent round of geopolitical tensions amid the start of earnings season. The focus will be on the US Producer Price Index (PPI), which will provide the first official confirmation of how the sharp rise in oil and gas prices has affected the cost of goods. Markets fear that a sharp jump in wholesale prices will force the Fed to maintain a tight monetary policy longer than expected. China will release a slew of data, including first-quarter GDP, which is expected to show an acceleration to 5%. However, these figures will be weighed against industrial production and retail sales data, which may signal a slowdown in domestic demand. In Europe, attention is focused on trade and industrial production data, which are already under pressure from US tariffs. The EU\u2019s political direction may also shift following the Hungarian elections, where Viktor Orb\u00e1n\u2019s ability to veto key EU decisions is at stake. The spring meetings of the World Bank and the International Monetary Fund will serve as a forum for discussing the debt sustainability of developing countries amid high energy prices. The IMF is expected to update its global growth forecasts, taking into account the risks of a long-term blockade of the Strait of Hormuz.<\/p>\n<p>Global tech giants TSMC and ASML will present their quarterly results and, more importantly, updated forecasts for the development of the artificial intelligence industry. At the same time, Wall Street is shifting its focus to the corporate sector: earnings reports from JPMorgan, Goldman Sachs, Bank of America, and BlackRock will shed light on the financial sector&#8217;s resilience amid high volatility and expensive borrowing costs. Investors will be looking for confirmation that AI investments continue to grow, despite the overall slowdown in industrial production in Europe and the US.<\/p>\n<div class=\"ag-analytics_title\">Monday, April 13<\/div>\n<div class=\"ag-analytics_title-list\">\n<p>Monday will be relatively quiet, but the US Existing Home Sales data will offer a crucial look at how the real estate market is absorbing the current 6.3%-6.5% mortgage rate environment. The consensus for Existing Home Sales points to a slight cooling to 4.01 million (annualized), down from 4.09 million, representing a forecasted month-over-month decline of roughly 2.0%. For the US dollar, a weaker-than-expected reading might soften the currency slightly as it suggests a cooling domestic economy. However, the impact is typically moderate compared to inflation data.<\/p>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 US Existing Home Sales (m\/m) at 17:00 (GMT+3) &#8211; USD (MED) <\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Tuesday, April 14<\/div>\n<div class=\"ag-analytics_title-list\">\n<p>Tuesday is defined by significant data from China and the US, providing a dual-engine impact on global sentiment and inflation expectations. China\u2019s trade balance is a key indicator for the Australian dollar (AUD) and the HK50 index, especially given its sharp rise in exports earlier this year. Markets are looking for signs that the surplus was not merely a holiday-driven anomaly, but evidence of a sustained recovery in global demand. If the surplus remains stable despite growing trade tensions and new tariffs, this is likely to strengthen the Australian dollar (AUD), as China remains the primary buyer of Australia\u2019s commodities. Conversely, a sharp contraction in the surplus would signal a cooling of the global manufacturing sector, putting strong pressure on the China A50 and the Hang Seng Index (HK50). In the afternoon, attention will shift to the US Producer Price Index (PPI). Following an unexpected jump in February to 3.7% year-over-year, a reading matching or exceeding current high-end forecasts would signal that \u201cbacklogged\u201d inflation is still seeping into the consumer sector. High PPI readings typically precede high CPI readings, which is likely to push the US dollar (DXY) higher, as this would put the Federal Reserve in an even more difficult position regarding rate cuts. For traders trading gold (XAU), this event carries high risk, rising producer costs point to persistent inflation, which could lead to higher yields and a subsequent sell-off of the non-yielding precious metal.<\/p>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Westpac Consumer Confidence (m\/m) at 03:30 (GMT+3) &#8211; AUD (LOW)<\/li>\n<li>\u2013 Australia NAB Business Confidence (m\/m) at 04:30 (GMT+3) &#8211; USD (MED)<\/li>\n<li>\u2013 China Trade Balance (q\/q) at 06:00 (GMT+3) &#8211; CHA50, HK50 (MED)<\/li>\n<li>\u2013 Sweden Inflation Rate (m\/m) at 09:00 (GMT+3) &#8211; SEK (MED)<\/li>\n<li>\u2013 US Producer Price Index (m\/m) at 15:30 (GMT+3) &#8211; USD (HIGH)<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Wednesday, April 15<\/div>\n<div class=\"ag-analytics_title-list\">\n<p>A major supply-side shock in energy dominates on Wednesday. The US crude oil inventory report (EIA) is the key event of the day. Although the market generally expects a moderate increase in inventories, the closure of the Strait of Hormuz and the projected massive reduction in global inventories by 5.1 million barrels per day in the second quarter of 2026 make these figures extremely significant. If the report shows a significant drawdown in inventories or even a smaller-than-expected build, the price of WTI crude could easily rise above $100 amid peak concerns about supply.  Later in the evening, a series of speeches by Lagarde of the ECB, Bailey of the Bank of England, and Schlegel of the SNB will prompt a reassessment of the \u201cinflation versus growth\u201d trade-off. President Lagarde has already made it clear that a war in Iran and the loss of LNG supplies are \u201cextreme scenarios\u201d for the eurozone economy. If she or Governor Bailey takes a tougher stance in combating this energy-driven inflation, the euro and the pound could strengthen against the U.S. dollar. However, given the looming risk of a recession in Europe, there is a hint that they will \u201cignore\u201d the energy shock to protect growth.<\/p>\n<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Eurozone Industrial Production (m\/m) at 12:00 (GMT+3) &#8211; EUR (LOW)\n<li>\u2013 US NY Empire State Manufacturing Index (m\/m) at 15:30 (GMT+3) &#8211; USD (MED)<\/li>\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3) &#8211; WTI (HIGH)<\/li>\n<li>\u2013 Switzerland SNB Chairman Schlegel Speaks at 20:00 (GMT+3) &#8211; CHF (MED)<\/li>\n<li>\u2013 New Zealand RNBZ Gov Breman Speaks at 20:00 (GMT+3) &#8211; NZD (MED)<\/li>\n<li>\u2013 UK BOE Gov Bailey Speaks at 21:00 (GMT+3) &#8211; GBP (MED)<\/li>\n<li>\u2013 Eurozone ECB President Lagarde Speaks at 22:30 (GMT+3) &#8211; EUR (MED)<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Thursday, April 16<\/div>\n<div class=\"ag-analytics_title-list\">\n<p>Thursday is a massive day for global markets, with a heavy focus on the health of the Australian labor market and a comprehensive data dump from China that will dictate the &#8220;risk-on&#8221; or &#8220;risk-off&#8221; mood for the session. Australia\u2019s unemployment rate is a key factor influencing the Australian dollar\u2019s exchange rate. Following an unexpected jump to 4.3% last month, the market expects the rate to stabilize at 4.2\u20134.3%. If the unemployment rate remains high or rises slightly, it will signal that the RBA\u2019s hawkish policy is finally cooling the labor market, potentially paving the way for a more dovish stance later this year. However, labor force participation should be closely monitored; if unemployment is rising simply because more people are entering the labor force, the RBA may maintain a \u201chawkish\u201d stance, which would support the Australian dollar. At the same time, the release of Chinese data will provide the final verdict on the recovery of the Chinese economy. The consensus forecast for Q1 GDP ranges from 5.0% to 5.2% year-on-year. Exceeding expectations, especially if driven by strong industrial production, will provide a powerful boost to the China A50 and Hang Seng (HK50) indices and offer secondary support to the Australian dollar through demand for commodities.<\/p>\n<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>Australia Unemployment Rate (m\/m) at 04:30 (GMT+3) &#8211; AUD (HIGH)<\/li>\n<li>\u2013 China GDP (q\/q) at 05:00 (GMT+3) &#8211; CHA50, HK50 (MED)<\/li>\n<li>\u2013 China Industrial Production (y\/y) at 05:00 (GMT+3) &#8211; CHA50, HK50 (MED)<\/li>\n<li>\u2013 China Unemployment Rate (m\/m) at 05:00 (GMT+3) &#8211; CHA50, HK50 (MED)<\/li>\n<li>\u2013 China Retail Sales (m\/m) at 05:00 (GMT+3) &#8211; CHA50, HK50 (MED)<\/li>\n<li>\u2013 UK GDP (m\/m) at 09:00 (GMT+3) &#8211; GBP (MED)<\/li>\n<li>\u2013 UK Trade Balance (m\/m) at 09:00 (GMT+3) &#8211; GBP (MED)<\/li>\n<li>\u2013 Switzerland SNB Monetary Policy Meeting Minutes at 10:30 (GMT+3) &#8211; CHF (MED)<\/li>\n<li>\u2013 Eurozone Inflation Rate (w\/w) at 12:00 (GMT+3) &#8211; EUR (MED)<\/li>\n<li>\u2013 Eurozone ECB Monetary Policy Meeting Accounts at 14:30 (GMT+3) &#8211; EUR (MED)<\/li>\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3) &#8211; USD (MED)<\/li>\n<li>\u2013 US Philadelphia Fed Manufacturing Index (m\/m) at 15:30 (GMT+3) &#8211; USD (LOW)<\/li>\n<li>\u2013 US Industrial Production (m\/m) at 15:30 (GMT+3) &#8211; USD (MED)<\/li>\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3) &#8211; XNG (HIGH)<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Friday, April 17<\/div>\n<div class=\"ag-analytics_title-list\">Friday serves as a quiet conclusion to a high-volatility week, with the focus on the Eurozone&#8217;s external demand. The eurozone\u2019s trade balance for February is expected to return to a surplus, with forecasts ranging from \u20ac9.8 billion to \u20ac11.1 billion, indicating a recovery from the unexpected \u20ac1.9 billion deficit recorded in January. Although German exports grew by 3.6% in February, rising energy import costs and weakening demand in the machinery sector continue to weigh on the overall balance. If the surplus exceeds expectations, it will signal that the eurozone\u2019s industrial core remains resilient despite geopolitical tensions. However, since these are \u201clow-impact\u201d data reflecting activity in February, they are unlikely to alter the European Central Bank\u2019s (ECB) current course.\n<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul>\n<li>\u2013Eurozone Trade Balance (m\/m) at 09:00 (GMT+3) &#8211; EUR (LOW)<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, 2025.04.13<\/p>\n<p><a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/it\/register\/?sl=1\">Open Account<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events April (13 \u2013 April 17) This week will be pivotal for global markets, as investors assess the actual damage caused by the recent round of geopolitical tensions amid the start of earnings season. The focus will be on the US Producer Price Index (PPI), which will provide &#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[187,329,339],"tags":[],"class_list":["post-12466","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/posts\/12466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/comments?post=12466"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/posts\/12466\/revisions"}],"predecessor-version":[{"id":12478,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/posts\/12466\/revisions\/12478"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/media?parent=12466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/categories?post=12466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/it\/wp-json\/wp\/v2\/tags?post=12466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}