Upcoming economic events 11 April 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
09:45		2 points	ECB President Lagarde Speaks	———-	———-
10:00		2 points	Eurogroup Meetings	———-	———-
11:00		2 points	New Loans (Mar)	3,020.0B	1,010.0B
12:30		2 points	Core PPI (MoM) (Mar)	0.3%	-0.1%
12:30		3 points	PPI (MoM) (Mar)	0.2%	0.0%
14:00		2 points	Michigan 1-Year Inflation Expectations (Apr)	———-	5.0%
14:00		2 points	Michigan 5-Year Inflation Expectations (Apr)	———-	4.1%
14:00		2 points	Michigan Consumer Expectations (Apr)	50.8	52.6
14:00		2 points	Michigan Consumer Sentiment (Apr)	54.0	57.0
15:00		2 points	FOMC Member Williams Speaks	———-	———-
17:00		2 points	U.S. Baker Hughes Oil Rig Count	———-	489
17:00		2 points	U.S. Baker Hughes Total Rig Count	———-	590
19:30		2 points	CFTC Crude Oil speculative net positions	———-	167.7K
19:30		2 points	CFTC Gold speculative net positions	———-	238.4K
19:30		2 points	CFTC Nasdaq 100 speculative net positions	———-	15.2K
19:30		2 points	CFTC S&P 500 speculative net positions	———-	-19.0K
19:30		2 points	CFTC AUD speculative net positions	———-	-75.9K
19:30		2 points	CFTC JPY speculative net positions	———-	121.8K
19:30		2 points	CFTC EUR speculative net positions	———-	51.8K

Summary of Upcoming Economic Events on April 11, 2025

Eurozone (🇪🇺)

1. ECB President Lagarde Speaks (09:45 UTC)
   • Market Impact:
     • May provide monetary policy insights.
     • Hawkish tone may strengthen EUR, while dovish tone may weaken EUR.
2. Eurogroup Meetings (10:00 UTC)
   • Market Impact:
     • Discussions on fiscal coordination and economic outlook may impact EU sentiment and the euro.

China (🇨🇳)

3. New Loans (Mar) (11:00 UTC)
   • Forecast: 3,020.0B | Previous: 1,010.0B
   • Market Impact:
     • Higher-than-expected lending suggests stronger domestic demand, which could support risk assets and commodity prices.

United States (🇺🇸)

4. Core PPI (MoM) (Mar) (12:30 UTC)
   • Forecast: 0.3% | Previous: -0.1%
   • Market Impact:
     • A higher reading could raise inflation concerns, supporting the USD and bond yields.
5. PPI (MoM) (Mar) (12:30 UTC)
   • Forecast: 0.2% | Previous: 0.0%
   • Market Impact:
     • Closely watched for producer-side inflation signals.
6. Michigan Consumer Sentiment (Apr) (14:00 UTC)
   • Forecast: 54.0 | Previous: 57.0
   • Market Impact:
     • Lower sentiment may suggest weaker consumer confidence, potentially dampening USD strength.
7. FOMC Member Williams Speaks (15:00 UTC)
   • Market Impact:
     • Hawkish commentary may lift the dollar, dovish tone may support equities and bonds.
8. U.S. Baker Hughes Rig Counts (17:00 UTC)
   • Previous Oil: 489 | Previous Total: 590
   • Market Impact:
     • Higher rig counts point to future supply increases, potentially weighing on oil prices.
9. CFTC Speculative Net Positions (19:30 UTC)
   • Crude Oil: 167.7K
   • Gold: 238.4K
   • Nasdaq 100: 15.2K
   • S&P 500: -19.0K
   • AUD: -75.9K
   • JPY: 121.8K
   • EUR: 51.8K
   • Market Impact:
     • Changes in positioning reflect shifts in investor sentiment and can drive volatility in those markets.

Overall Market Impact Analysis

• USD: Likely to be influenced by PPI data, consumer sentiment, and FOMC commentary.
• EUR: Impact from Lagarde’s speech and Eurogroup discussions.
• Commodities (Oil, Gold): Sensitive to PPI inflation data, rig counts, and CFTC positioning.

Overall Impact Score: 6/10

Key Focus: U.S. inflation indicators, Fed speak, and China credit growth data.