Economic calendar: quarterly results from Tesla, Microsoft, Alphabet, and Meta this week 📃
The first day of the week starts quite calmly in the markets. The macroeconomic calendar has no major events planned that could significantly impact global financial markets.
However, later in the week, investors will see many interesting reports, including a series of quarterly results from Nasdaq tech giants. Tomorrow will begin with the release of preliminary PMI data for April for Australia, Japan, France, Germany, the Eurozone, and the United Kingdom. Analyst expectations indicate a continued improvement in sentiments for nearly every country. Then, on Thursday, investors will learn the preliminary estimates of U.S. GDP for the first quarter of 2024. The consensus indicates a fairly large drop in annualized GDP to 2.4% compared to 3.4% for the final data of Q4 2023.
Apart from macroeconomic publications, investors' attention will also be focused on the quarterly results of companies from Wall Street. This week, several of the larger tech companies will publish their reports, including Tesla, Microsoft, Alphabet, Meta, and Intel.
Detailed schedule for the week:
April 22: Monday
- 02:15 AMÂ BST - China, Loan Rate
- 09:00 AMÂ BST - Poland, Reports on industrial production, wages, and employment for March
April 23: Tuesday
- (All day) - Preliminary PMI data for April for Australia, Japan, France, Germany, the Eurozone, and the United Kingdom
- 09:00 AMÂ BST - Poland, retail sales for March
- 14:45 PM BST - USA: PMI Index for services and industry (preliminary) for April
- 15:00Â PM BST - USA: New home sales for March
- 15:00Â PM BST - USA: API weekly crude oil stock change
April 24: Wednesday
- 02:30Â AMÂ BST - Australia: CPI Inflation in Q1
- 09:00Â AMÂ BST - Germany: Ifo Institute Index for April
- 13:30 PM BST - USA: Orders for durable goods (preliminary) for March
- 15:30Â PM BST - USA: Weekly crude oil stock change
April 25: Thursday
- 12:00Â PM BST - Turkey, CBRT interest rate decision
- 13:30Â PM BST - USA: Unemployment benefit claims (weekly)
- 13:30Â PM BST - USA: Annualized GDP (preliminary) for Q1
- 15:30Â PM BST - USA, Natural gas stock change data
- 23:00 PMÂ BST - Japan: Interest rate decision
- 23:00 PMÂ BST - Japan: Press conference after BoJ meeting
April 26: Friday
- 13:30Â PM BST - USA, March PCE inflation
- 15:00Â PM BST - USA, UoM inflation forecasts
Company schedule:
- Tesla (TSLA.US) - Tuesday after the session
- Meta (META.US) - Wednesday after the session
- Microsoft (MSFT) - Thursday after the session
- Alphabet (GOOGL.US) - Thursday after the session
- Intel (INTC.US) - Thursday after the session