Look ahead: ECB; US PPI and initial jobless claims; China CPI; Constellation Brands
Investors eye the European Central Bank meeting for signs of a clear rate cut path. The latest US producer price index and initial jobless claims print will be key after hotter-than-expected CPI and NFP data.
China CPI numbers come at a time when cracks in the country’s property market are growing. Plus, Constellation Brands reports quarterly earnings.
(AI Video Summary)
A busy Thursday ahead
In today's "Look ahead" video, Angeline Ong previews significant financial events scheduled for Thursday, 11 April, emphasising China's consumer price index (CPI) and producer price index (PPI) in light of hotter-than-expected US CPI numbers. She notes concerns in China's property market and anticipates the ECB’s interest rate decision, and gives a chart analysis of the EUR/USD. US economic indicators like the producer price index (PPI) and the initial jobless claims report are also in focus, along with Constellation Brands' Q4 earnings, hinting at potential market movements. Ong uses technical analysis to suggest future stock performance, emphasising the importance of upcoming financial data on global markets.
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