Important upcoming events and publications

Important upcoming events and publications for April 2 (GMT):

06:30 Swiss CPI has slowed since August last year and is expected to maintain this trend in March, reaching 0.5% y/y against 0.6% y/y one month earlier. After weak Eurozone inflation data in general and for Germany in particular, it is possible a more drastic slowing, which can put some pressure to CHF.

08:30 Australia Annual Budget Release rarely causes a sharp immediate market response, but often policy changes have a long-term impact on AUD and are likely to cause changes in the medium-term trend for the currency.

12:30 U.S. Durable Goods Orders this time attract increased attention due to the consequences for the Boeing orders after the February plane crash, and therefore it is expected to reduce the overall level of the country’s orders by 1.1 %. The sharper decline can hurt the dollar and company stock prices.

See the detailed Economic calendar here

Source: FxPro