{"id":12491,"date":"2026-04-20T08:44:58","date_gmt":"2026-04-20T08:44:58","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=12491"},"modified":"2026-04-20T08:45:00","modified_gmt":"2026-04-20T08:45:00","slug":"weekly-overview-2026-04-20","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2026-04-20\/","title":{"rendered":"Week’s main events (April 20 \u2013 April 24)"},"content":{"rendered":"
\n

Week’s main events April (20 \u2013 April 24)<\/h1>\n
\n

The coming week promises to be a decisive period for global financial markets, as investors will simultaneously assess diplomatic developments in the Middle East and a flood of corporate and macroeconomic reports. The key factor remains the progress of negotiations between Washington and Tehran, as any signals of a long-term truce or the reopening of the Strait of Hormuz are instantly reflected in energy prices and risk appetite. The US corporate sector is entering the peak of earnings season, where results from giants such as Tesla, Intel, American Express, and Procter & Gamble will show how effectively large businesses are coping with rising costs and logistical disruptions. These figures will serve as a key indicator of the state of the US economy, alongside official retail sales data and the S&P Global PMI business activity indices, which are set to be released later this week. The global community will be paying close attention to the testimony of the new Fed Chair, Kevin Warsh, before Congress. In Europe and the UK, investors will focus on inflation data and PMI indices to gauge the region\u2019s pace of adaptation to volatility in gas and oil prices. The Asian region will also provide important benchmarks: the People\u2019s Bank of China (PBoC) will announce its decision on benchmark lending rates, which is critical for assessing the sustainability of China\u2019s growth. <\/p>\n

Monday, April 20<\/div>\n
\n

On Monday, the focus will be on Canadian inflation data and the People\u2019s Bank of China\u2019s decision. Canada\u2019s Consumer Price Index (CPI) is a key factor influencing the Canadian dollar\u2019s exchange rate. After an unexpected drop to 1.8% year-over-year in February, analysts expect inflation to jump to 2.5% year-over-year, but the Bank of Canada often places greater emphasis on the median figures, which are also expected to rise from 2.3% to 2.4%. Continued volatility in oil prices (with WTI trading around $90) could lead to an increase in the monthly figure as well. A reading exceeding the 2.0% target would signal that the Bank of Canada (BoC) will begin considering a rate hike, which could provide a boost to the Canadian dollar. However, markets are currently pricing in a 25-basis-point rate cut at the June meeting. The PBoC Loan Prime Rate (LPR) decision is expected to show no change, with the 1-year rate staying at 3.0% and the 5-year at 3.5%. Despite structural headwinds in the property sector, the Chinese central bank appears focused on currency stability and preventing yuan depreciation against a strong USD. Any unexpected cut would be a desperate signal for growth, potentially boosting the HK50 on stimulus hopes but weighing on the CNH.<\/p>\n

Main events of the day:<\/div>\n
    \n
  • \u2013 New Zealand Trade Balance (q\/q) at 01:45 (GMT+3) – NZD (MED)<\/li>\n
  • \u2013 China PBoC Loan Prime Rate (m\/m) at 04:15 (GMT+3) – CHA50, HK50 (MED)<\/li>\n
  • \u2013 Canada Consumer Price Index (m\/m) at 15:30 (GMT+3) – CAD (HIGH)<\/li>\n
  • \u2013 Eurozone ECB President Lagarde Speaks at 19:40 (GMT+3) – EUR (LOW)<\/li>\n<\/ul>\n
    Tuesday, April 21<\/div>\n
    \n

    On Tuesday, traders will focus on New Zealand\u2019s inflation data, UK labor market reports, and the testimony of the new Fed Chair, Warsh, before Congress. During the Asian session, traders will assess New Zealand\u2019s inflation data. This report is released quarterly, which amplifies the NZD\u2019s reaction to the report. Inflation is expected to decline from 3.1% to 2.8% y\/y, which could potentially put pressure on the NZD.<\/p>\n

    The UK labor market report is the top priority for traders dealing in the British pound. Following a period in which the unemployment rate rose to 5.2%, markets are watching for signs of a weakening \u201cwage-price spiral.\u201d Average wage growth is expected to slow to 3.6-3.8%. If wage data comes in below expectations, it will signal easing inflationary pressures, likely leading to a softening of expectations for the Bank of England and a weakening of the pound against the euro and the dollar. However, if the number of people claiming unemployment benefits unexpectedly declines, it would indicate tightness in the labor market, which could prompt the Bank of England to maintain its restrictive monetary policy for longer, boosting the GBP\/USD pair. In the US, attention is focused on the remarks by Federal Reserve Chair nominee Kevin Warsh. His first public statements as a nominee for the Fed chairmanship could significantly shift interest rate expectations, particularly in the context of combating inflationary pressures caused by the conflict. If he reinforces his reputation as a proponent of deregulation and hints at a faster-than-expected rate cut to reach a \u201cneutral\u201d level, we could see a massive rally in US indices, but a potential decline in the US dollar. <\/p>\n

    Main events of the day:<\/div>\n