Look ahead: Japan CPI; German PPI; UK retail sales; Procter & Gamble; American Express
Japanese inflation figures come as the country’s currency flirts with the psychological level of 155 yen per US dollar. Germany releases producer price data. From the UK, sterling could move on March retail sales figures.
On the earnings schedule, watch out for Procter & Gamble, Schlumberger and American Express.
(AI Video Summary)
USD/JPY
Angeline Ong previews key financial events set for 19 April, emphasising Japan's inflation figures and their implications for the USD/JPY exchange rate. She highlights the anticipation of a 2.7% year-on-year CPI increase in Japan and examines technical indicators, such as the Japanese yen nearing a critical 155 level against the US dollar, suggesting potential market intervention.
Earnings reports
The video also covers UK retail sales expectations, German producer prices, and US earnings reports from major companies like American Express and Procter & Gamble. Ong provides technical analyses for various financial instruments, pointing out potential pivot points and support levels, and underscores the significance of overbought conditions and upcoming financial data releases for global markets.
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