Weekly Market Preview
Friday, 18th of April 2025
This week, investors are closely watching the release of preliminary data for the European Manufacturing Purchasing Managers’ Index (PMI) for April. In March, the index reached its highest level in several years, but it remained in contraction territory at 48.6. The preliminary reading for April is expected to edge slightly lower to 48.5, signalling continued weakness in the manufacturing sector.
In the US, attention will turn to durable goods orders data, which track changes in the value of orders for long-lasting manufactured items such as aircraft. This data will be closely analysed to assess the impact of tariffs introduced by the US administration since the start of President Trump’s second term. Expectations suggest a decline in durable goods orders, from a 0.7% increase in February to a 0.1% contraction in March.
Before the week concludes, markets will also monitor UK retail sales figures for March — a key indicator of consumer spending. Forecasts suggest a sharp slowdown, with retail sales expected to drop from 2.2% in February to 0.7% in March. A weaker-than-expected result could signal growing consumer caution in the face of rising prices or concerns about affordability, potentially easing inflationary pressures.
Monday, 21st of April
Tuesday, 22nd of April
Wednesday, 23rd of April
Thursday, 24th of April
Friday, 25th of April