Caixin services PMI. China, 03:45 (GMT+2) 03 Apr

03Apr.202502:45

Caixin services PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), the March Caixin services business activity index is due, based on a survey of purchasing managers of non-manufacturing enterprises and assessing their attitude to the current economic situation and its prospects. It may grow from 51.4 points to 51.5 points, supporting the yuan.

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03 Apr. 2025 01:30

Services PMI. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2), Japan will publish the March services business activity index from the national Ministry of Economy, Trade, and Industry. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator for the Tankan business activity index. It may fall from 53.7 points to 49.5 points, putting pressure on the yen.

03 Apr. 2025 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will release March data on the consumer price index. It is the main indicator of the inflation rate in the country and reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, and healthcare, and affects the Swiss National Bank monetary policy. It may change from 0.6% to 0.1% MoM.

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