FxWirePro: The Day Ahead- 3rd April 2019

Lots of economic data and events scheduled for today, and some with high volatility risks associated.

Data released so far:

• New Zealand: ANZ commodity price index up 1.4 percent in March.
   
• Japan: Services PMI declines to 52 in March.
   
• Australia: February trade balance came at $4.8 billion, exports showing no growth while imports declined by 1 percent. Retail sales grew 0.8 percent in February.
   
• China: Caixin services PMI sharply improves to 54.4 in March.

Upcoming:

• Spain: Services PMI report due at 7:15 GMT.
   
• Italy: Services PMI report due at 7:45 GMT.
   
• France: Services PMI report due at 7:50 GMT.
   
• Germany: Services PMI report due at 7:55 GMT.
   
• Eurozone: Services PMI report due at 8:00 GMT, followed by retail sales report at 9:00 GMT.
   
• United Kingdom: Markit services PMI report due at 8:30 GMT.
   
• United States: MBA mortgage applications report due at 11:00 GMT, followed by ADP employment report at 12:15 GMT, and ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly oil inventory report at 14:30 GMT.