Economic Calendar Summary - April 23, 2026

Overview

April 23, 2026, is a significant day for global financial markets, primarily due to the release of key macroeconomic data, particularly the preliminary Purchasing Managers' Index (PMI) readings. These readings are crucial as they serve as leading indicators of economic activity, reflecting the sentiment in both manufacturing and services sectors based on surveys of purchasing and logistics managers.

Importance of PMI

The PMI is a fast and reliable signal of changes in economic momentum, often released before hard data such as GDP or industrial production. The critical threshold for interpretation is the 50-point level, which distinguishes between economic expansion and contraction. Readings above 50 indicate growth, while those below suggest a contraction, making these figures vital for market expectations regarding economic growth and monetary policy.

Today's Macroeconomic Calendar

• 01:00 Australia: Manufacturing PMI (flash) - April: Current 51 (Forecast 49.8, Previous 49.8)
• 01:00 Australia: Services PMI (flash) - April: Current 50.3 (Forecast 46.3, Previous 46.3)
• 02:30 Japan: Manufacturing PMI (flash) - April: Current 54.9 (Forecast 51.2, Previous 51.6)
• 08:00 Norway: Unemployment Rate (s.a.) - March: 4.9%
• 08:45 France: Business Confidence Index - April (Forecast 98, Previous 99)
• 09:15 France: Manufacturing PMI (flash) - April (Forecast 49.5, Previous 50)
• 09:15 France: Services PMI (flash) - April (Forecast 48.5, Previous 48.8)
• 09:30 Poland: Consumer Sentiment - April: Current -12.2, Leading -9.5
• 09:30 Poland: Retail Sales - March: m/m -5.6%, y/y (Forecast 6.2%, Previous 4.3%)
• 09:30 Germany: Manufacturing PMI (flash) - April (Forecast 51.3, Previous 52.2)
• 09:30 Germany: Services PMI (flash) - April (Forecast 50.4, Previous 50.9)
• 10:00 Euro Area: Manufacturing PMI (flash) - April (Forecast 50.7, Previous 51.6)
• 10:00 Euro Area: Services PMI (flash) - April (Forecast 49.8, Previous 50.2)
• 10:30 United Kingdom: Manufacturing PMI (flash) - April (Forecast 49.9, Previous 51)
• 10:30 United Kingdom: Services PMI (flash) - April (Forecast 50, Previous 50.5)
• 12:00 United Kingdom: CBI Industrial Trends Orders - April (Forecast -33, Previous -27)
• 14:00 Poland: Money Supply M3 (y/y) - March: 10.7% (Previous 10.6%)
• 14:30 Canada: Producer Price Inflation - March: m/m 1.9% (Previous 0.4%), y/y 5.4%
• 14:30 USA: Initial Jobless Claims - Weekly: 210k (Previous 207k)
• 15:45 USA: Manufacturing PMI (flash) - April (Forecast 52.5, Previous 52.3)
• 15:45 USA: Services PMI (flash) - April (Forecast 50.1, Previous 49.8)
• 16:30 USA: Weekly Natural Gas Storage Change - Weekly: 96 Bcf (Previous 59 Bcf)
• 17:00 USA: Kansas City Fed Manufacturing Index - April: 11
• 17:00 Germany: Public Speech by Bundesbank President Joachim Nagel