Economic Calendar Summary - April 21, 2026

Key Economic Indicators

The economic calendar for April 21, 2026, is packed with significant data releases that are expected to influence market sentiment and trading decisions. The focus is primarily on sentiment indicators from Germany and the Eurozone, as well as crucial retail sales data from the United States.

Germany's Economic Sentiment

• ZEW Economic Sentiment: Expected at -5.8, a decline from -0.5 in the previous report.
• ZEW Current Conditions: Anticipated to be -70.5, down from -62.9 prior.
• ZEW Inflation Expectations: Forecasted at -11.2, compared to -8.5 previously.

US Retail Sales Data

• ADP Employment Change: Previous figure was 39.25K.
• Retail Sales MoM: Expected to rise by 1.4%, up from 0.6% prior.
• Core Retail Sales MoM: Also expected at 1.4%, compared to 0.5% previously.
• Retail Sales YoY: Previous figure was 3.71%.
• Pending Home Sales MoM: Expected to increase by 0.5%, down from 1.8% prior.
• Business Inventories MoM: Expected to rise by 0.3%, compared to -0.1% prior.
• Pending Home Sales Index: Previous index was 72.1.

API Weekly Inventory Reports

• Gasoline Inventories: Expected to increase by 0.626M.
• Distillate Inventories: Expected to decrease by 3.4M.
• Cushing Inventories: Expected to decrease by 1.7M.
• Crude Oil Inventories: Expected to increase by 6.1M.

Market Sentiment

As of April 21, 2026, market sentiment is being positively influenced by hopes for a resumption of talks between the U.S. and Iran, which is contributing to a more optimistic outlook among investors.

Currency and Market Movements

The EUR/USD currency pair is trading at 1.1762, reflecting a slight decrease of 0.19%. Additionally, the GBP/USD has shown a slight uptick following stronger-than-expected labor market data from the UK.