Trading Week Outlook: April 23-27
By All Things Forex: The busy week ahead could prove pivotal for the future direction of the stock market and the U.S. dollar as all eyes turn to the FOMC meeting and the U.S. Q1 2012 GDP estimate in search for clarity on the Fed's monetary policy and on the state of the world's largest economy.In preparation for the new trading week, here is the outlook for the Top 10 spotlight economic events that will move the markets around the globe.1. EUR- Euro-zone Manufacturing and Services PMI- Purchasing Managers Indexes, two leading indicators of economic conditions measuring activity in the manufacturing and services sectors, Mon., Apr. 23, 4:00 am, ET.Despite of the anticipated improvement, both indexes are forecast to stay below 50, in contraction territory for another month, with a manufacturing index reading of 48.2 from 47.7 and a services index reading of 49.4 from 49.2.2. AUD- CPI - ConsumerComplete Story »
- Original article
- Login or register to post comments

