FxWirePro: The Day Ahead- 12th April 2017

Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.

Data released so far:

• Australia: Westpac consumer confidence declines by 0.7 percent.
   
• China: In March, producer price index is up 7.6 percent y/y, and consumer price index grew 0.9 percent y/y.
   
• Germany: Wholesale price index came at 4.7 percent y/y in March. No monthly growth in prices.

Upcoming:

• Spain: HICP inflation report will be published at 7:00 GMT.
   
• United Kingdom: BoE governor Carney is scheduled to speak at 8:00 GMT. ILO unemployment report will be published at 8:30 GMT. RICS house price balance report will be released at 23:00 GMT.
   
• Portugal: Consumer price inflation report will be published at 10:00 GMT.
   
• United States: MBA mortgage application numbers will be updated at 11:00 GMT. Terms of trade report will be published at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. March budget statement will be released at 18:00 GMT.
   
• Canada: BoC will announce interest rate decision at 14:30 GMT, followed by press conference at 15:15 GMT.
   
• New Zealand: Business PMI report will be published at 22:30 GMT, followed by food price report at 22:45 GMT.
   
• Auction: Germany will auction 10-year bond today and Uk would auction 30-year bond.