There are plenty of interesting economic releases due out this week including new reports on U.S. industrial production and capacity utilization, trade, retail sales, housing starts & building permits, and leading economic indicators.
The consensus forecasts are that U.S. industrial production increased 0.2% in March while the Conference Board’s index of leading economic indicators is expected to rise 0.4%. Investors will also be paying attention to the release of the Fed’s Beige Book and a number of scheduled speeches from regional Fed Bank presidents. Overseas, China releases new figures on real GDP, industrial production, and retail sales. The consensus forecast is that China’s economy grew 6.3 percent in the first quarter of 2019. In Europe, we’ll get new figures on euro zone inflation and trade, along with new data on German producer prices and economic sentiment. Have a great week and we hope you all enjoy wonderful Passover and Easter holidays!
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