{"id":2284,"date":"2026-04-13T11:57:47","date_gmt":"2026-04-13T11:57:47","guid":{"rendered":"https:\/\/ftmo.com\/au\/?p=2284"},"modified":"2026-04-13T12:03:37","modified_gmt":"2026-04-13T12:03:37","slug":"trading-week-ahead-peace-talks-fail-ahead-of-us-ppi-and-eur-cpi","status":"publish","type":"post","link":"https:\/\/ftmo.com\/au\/blog\/trading-week-ahead-peace-talks-fail-ahead-of-us-ppi-and-eur-cpi\/","title":{"rendered":"Trading Week Ahead: Peace Talks Fail Ahead of US PPI and EUR CPI"},"content":{"rendered":"

A temporary two-week ceasefire in the Middle East is already unravelling. Following failed peace talks in Pakistan<\/strong>, the US has launched an immediate naval blockade of the Strait of Hormuz<\/strong>, instantly pushing Brent crude higher back near $100 a barrel.\u00a0<\/em><\/p>\n

With markets pricing in a renewed stagflation threat, the Q1 earnings season kicks off<\/strong>. Reports from Goldman Sachs<\/strong> and LVMH<\/strong> will offer the first evidence of how this ongoing energy shock is hitting corporate deal-making and global consumer demand.<\/em><\/p>\n

To navigate this highly volatile environment, keep a close eye on the week’s three most significant macro events:<\/strong><\/p>\n

\ud83d\udc49 <\/strong>US PPI<\/b><\/p>\n

As a leading gauge for wholesale inflation, this print is forecast to surge to 1.2% from a previous 0.7%. Given the recent explosion in energy costs, traders will parse this data. An upside surprise will further entrench stagflation fears, underpin the dollar, and keep the Federal Reserve pinned in a hawkish stance.<\/span><\/p>\n

\ud83d\udc49 <\/strong>GBP GDP<\/b><\/p>\n

This primary growth metric will ultimately define the Bank of England’s near-term interest rate path. A resilient figure provides the BoE with the runway to maintain restrictive policy, offering support to the pound. Conversely, a sharp contraction will accelerate dovish repricing and trigger risk-off flows out of sterling.<\/span><\/p>\n

\ud83d\udc49 <\/strong>EUR CPI<\/b><\/p>\n

While the broad Eurozone inflation rate is expected to remain unchanged, the recent return of $100 oil ensures this release will be heavily scrutinised. A hotter-than-expected print traps the European Central Bank in a severe stagflationary dilemma, virtually guaranteeing a spike in volatility across euro crosses.<\/span><\/p>\n

\n\n\n

\n \n
\n Monday, Apr. 13\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 16:00<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Existing Home Sales<\/span>\n <\/div>\n <\/div>\n \n
\n Tuesday, Apr. 14\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 14:30<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n PPI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 23:00<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"EUR\"\n <\/div>\n EUR<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n ECB President Lagarde Speaks<\/span>\n <\/div>\n <\/div>\n \n
\n Wednesday, Apr. 15\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 21:30<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"EUR\"\n <\/div>\n EUR<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n ECB President Lagarde Speaks<\/span>\n <\/div>\n <\/div>\n \n
\n Thursday, Apr. 16\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 03:30<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"AUD\"\n <\/div>\n AUD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Unemployment Rate<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 08:00<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"GBP\"\n <\/div>\n GBP<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n GDP<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 11:00<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"EUR\"\n <\/div>\n EUR<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n CPI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 14:30<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Philadelphia Fed Manufacturing Index<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
Date<\/th>\n Time<\/th>\n Instrument<\/th>\n Event<\/th>\n <\/tr>\n <\/thead>\n
Monday, Apr. 13<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 16:00<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Existing Home Sales<\/span>\n <\/td>\n <\/tr>\n \n \n
Tuesday, Apr. 14<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 14:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n PPI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 23:00<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n ECB President Lagarde Speaks<\/span>\n <\/td>\n <\/tr>\n \n \n
Wednesday, Apr. 15<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 21:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n ECB President Lagarde Speaks<\/span>\n <\/td>\n <\/tr>\n \n \n
Thursday, Apr. 16<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 03:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"AUD\"\n <\/div>\n
AUD<\/div>\n <\/div>\n <\/td>\n\n
\n Unemployment Rate<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 08:00<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"GBP\"\n <\/div>\n
GBP<\/div>\n <\/div>\n <\/td>\n\n
\n GDP<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 11:00<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 14:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Philadelphia Fed Manufacturing Index<\/span>\n <\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n