Today is the second day of the Easter holiday, so there will still be no trading in most European countries. However, it is a normal trading day in most Asian countries and on Wall Street, so much of the commodity markets are back to trading. Monday started with noticeable gains in China following the publication of positive PMI indices and strong gains in gold and oil prices. Today we will have data releases primarily from the US, although the current week looks even more interesting with the publication of US labor market data this Friday.

Calendar

02:30 pm BST Canada - Manufacturing PMI Index (previous: 49.7)

02:45 pm BST USA - Manufacturing PMI Index (expected: 52.5; previous: 52.2)

03:00 pm BST USA – Manufacturing ISM Index (expected: 48.5; previous: 47.8)

This week:

Tuesday - PMI indices from Europe

Tuesday - JOLTS from the US

Tuesday - CPI inflation from Germany

Wednesday - CPI inflation for the eurozone

Wednesday - ISM index for the services sector from the US

Wednesday - DOE report on oil inventories

Thursday - PMI indexes for the services sector from Europe

Thursday - ECB Minutes

Friday - NFP report from the USA

Friday - Canadian labour market report