Markets have little major data to digest internationally, with only a key report out of Italy on its trade balance. In the U.S., an advance reading of retail sales and manufacturing in the New York region, as well as earnings out of Citi, will set the tone.
Here's what you need to know.
- The U.K. starts things off at 7:00 p.m. on Sunday evening with a reading of home prices for April out of Rightmove. Prices last increased 1.6 percent month-on-month. There is no consensus for the report.
- Indian wholesale prices are set for release at 2:30 a.m. on Monday morning. Consensus is for a 6.65 percent year-on-year increase in March.
- Swiss producer and import prices follow at 3:15 a.m., with expectations for a 0.5 percent month-on-month gain in March.
- Italy's trade balance hits at 4:00 a.m., with forecasts for a deficit of €1.33 billion in February. That's less than the -€4.35 billion logged in January.
- Attention shifts to the U.S. at 8:30 a.m. with advance retail sales. Economists anticipate sales increased 0.3 percent in March from a month earlier.
- Also at 8:30 a.m. is a reading of manufacturing from the New York Federal Reserve. The Empire Manufacturing Survey is seen declining to 18 from 20.2, which still represents strong expansion.
- Closing out the day in the U.S. is a report on business inventories at 10:00 a.m. Economists anticipate a 0.6 percent gain in February, 10 basis points slower than a month earlier.
Below, the major earnings announcement scheduled for the day.
Gannett Co (GCI): $0.31
Charles Schwab (SCHW): $0.15
Mattel (MAT): $0.07
Citigroup (C): $1.02
Consensus estimates provided by Bloomberg. All times are in Eastern Standard Time.
Click here to see the 18 companies that Bank of America predicts will beat earnings this quarter >
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
See Also:
- Here Are The Key Market Moving Events For Wednesday, April 11, 2012
- Here Are The Key Market Moving Events For Tuesday, April 10, 2012
- Here Are The Key Market Moving Events For Thursday, April 12, 2012