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Apr 10, 2026
Overview of Key Economic Data and Its Impact on Global Markets
The most anticipated news for next week
Markets are turning their attention to a series of key economic data releases next week from the United States, China, Europe, and the United Kingdom, which are expected to play a major role in shaping market direction, especially as investors remain highly sensitive to signals related to economic growth and inflation.
Markets are likely to experience volatility, with participants closely watching reactions to these releases, particularly in terms of USD strength, major currency movements, as well as their impact on commodities and equities.
Key data releases to watch for next week:
📅 Monday, April 13, 2026
🇺🇸 At 18:00 GST
Existing Home Sales data is expected to be released, with forecasts pointing to 4.09 million.
This indicator reflects the strength of the US housing market and overall economic health. A stronger-than-expected reading may support the USD, while weaker data could increase pressure on the currency, allowing major currencies to move higher.
📅 Tuesday, April 14, 2026
🇨🇳 At 05:00 GST
Trade Balance data is expected, with forecasts indicating a decline to 112 billion USD compared to 213.62 billion previously.
Such a decline may signal slowing trade activity, potentially weighing on global risk sentiment and growth-linked currencies.
🇪🇸 At 11:00 GST
Core CPI data is expected to remain stable at 2.7%.
Stable inflation may reflect economic balance, with limited impact on the euro unless surprises occur.
🇺🇸 At 16:30 GST
Producer Price Index (monthly and yearly) data will be released, serving as a leading indicator of inflation.
Higher-than-expected readings may strengthen the USD by increasing the likelihood of tighter monetary policy, while weaker data could support other currencies and gold.
📅 Wednesday, April 15, 2026
🇺🇸 At 18:30 GST
US Crude Oil Inventories data is expected, with forecasts pointing to an increase of 3.081 million barrels.
Higher inventories may pressure oil prices, while a decline could support prices, given the market’s sensitivity to supply changes.
📅 Thursday, April 16, 2026
🇨🇳 At 06:00 GST
Retail Sales and GDP data will be released.
Slower retail sales may indicate weaker demand, while GDP growth at 5.0% reflects relatively solid economic performance. These figures are likely to directly influence risk sentiment, particularly in Asian markets.
🇬🇧 At 10:00 GST
Monthly GDP data is expected to remain unchanged at 0.0%.
Any positive surprise may support the British pound, while weaker data could weigh on it.
🇪🇺 At 13:00 GST
Annual CPI data is expected to rise to 2.5%.
Higher inflation may support the euro, especially if it reinforces expectations of tighter monetary policy.
🇺🇸 At 16:30 GST
Philadelphia Fed Manufacturing Index and Initial Jobless Claims will be released.
Stronger manufacturing activity and lower unemployment claims may support the USD, while weaker figures could lead to downside pressure.
🇺🇸 At 00:30 GST
The Federal Reserve Balance Sheet data will be released, reflecting liquidity conditions and monetary policy direction.
How Markets May React
The USD is expected to move in line with the strength of US data. Strong inflation or economic figures may support the currency, while weaker data could put it under pressure.
Major currencies such as the euro and the British pound may benefit from any USD weakness, especially if European data comes in positive.
As for commodities, gold is likely to be directly influenced by USD movements. A weaker dollar may support gold prices, while a stronger dollar could weigh on them. Oil will remain sensitive to inventory data and broader economic developments.
A technical look at the XAUUSD pair on the hourly timeframe
Gold is trading near 4747 after a strong rally that pushed prices to new highs, followed by a limited corrective move as the week approaches its close.
Gold has already achieved part of the previous analysis targets, successfully testing the 4780 resistance level as expected, before failing to break above it and coming under mild corrective pressure. This confirms the importance of this level as a key resistance zone.
Momentum is gradually weakening, with the MACD indicator losing some of its positive strength, reflecting a cooling phase after recent gains without confirming a full trend reversal.
- Trend: Bullish
- Support: 4715 – 4655
- Resistance: 4790 – 4865
Outlook:
Holding above 4715 supports the potential for a continuation of the upward move next week, targeting 4790 and then 4865, especially if USD weakness persists.
A break below 4715 may lead to a deeper correction toward 4655 before attempting to resume the uptrend.