Key Economic News To Watch This Week: April 16
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A quick preview of the key economic events for the upcoming week:
Last week, China announced that its economy grew a disappointing 8.1 percent in the first quarter of 2012, a figure that was lower than what officials and analysts had expected. This week, China announced it would widen the yuan’s trading band, as it aims to create a fully flexible and convertible exchange rate regime. How will this affect China’s growth and trade balance, and on a wider scale, its global trading relationships?
A quick preview of the key economic events for the upcoming week:
Last week, China announced that its economy grew a disappointing 8.1 percent in the first quarter of 2012, a figure that was lower than what officials and analysts had expected. This week, China announced it would widen the yuan’s trading band, as it aims to create a fully flexible and convertible exchange rate regime. How will this affect China’s growth and trade balance, and on a wider scale, its global trading relationships?
Related News: Chinese Yuan Falls against the Dollar, After China Widens Currency Trading Band
Monday, April 16
The G20 group of developing nations meets in Washington DC for its annual event.
The World Economic Forum holds its annual Latin American conference in Mexico, with 500 leaders from Latin America and other parts of the world.
US Secretary of State Hillary Clinton visits Rio de Janiero.
This year’s Pulitzer Prize winners are announced at Columbia University in New York City.
Tuesday, April 17
The IMF releases World Economic Outlook update.
Related News: IMF’s Lagarde: Global Economy May Be On Path To Recovery
Goldman Sachs reports its first quarter earnings, and analysts expect a strong turnaround in revenues, mostly on the back of rising credit prices and strong recovery in fixed income markets.
Related News: Goldman Sacks: Job Cuts To Replace Traders With Robots
Thursday, April 19
Preliminary hearings in new case against Yulia Tymoshenko take place in Ukraine.
Related News: Yulia Tymoshenko jailed for 7 years, says Ukraine trial ‘like Stalin’s Soviet Union’
African Conference on Measuring Well-Being and Fostering the Progress of Societies takes place in Rabat.
Friday, April 20
The world investment forum opens in Doha, Qatar and will run in conjunction with the United Nations Conference on Trade and Development’s eighth ministerial conference.
Chinese premier Wen Jiabao starts European tour.
Related News: China’s CIC Receives $30 Billion Boost To Buy European Assets
Related News: IMF Warns China’s Growth May Halve If…
