Gross domestic product. Germany, 10:00 (GMT+2) 28 Apr

28Apr.202309:00

Gross domestic product. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), preliminary data on the Q1 German gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It is expected that the indicator will slow down growth from 0.9% to 0.3% QoQ and accelerate from 0.3% to 0.8% YoY.

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28 Apr. 2023 04:00

Bank of Japan interest rate decision. Japan, 05:00 (GMT+2)

At 05:00 (GMT+2), the decision of the Bank of Japan on the interest rate will be announced, and then a press conference of its leadership will be held. The key rate is expected to remain at the same level of –0.10%, where it has been since 2015. Of more interest is the accompanying statement and press conference, which may contain data on further actions of the regulator. In particular, investors hope that the new head of the department, Kazuo Ueda, will hint at the timing of the departure from the current “dovish” rhetoric.

28 Apr. 2023 10:00

Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), preliminary data on Q1 EU the gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. The indicator is expected to accelerate growth from 0.0% to 0.2% QoQ and slow down from 1.8% to 1.4% YoY.

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