{"id":2322,"date":"2026-04-20T13:18:51","date_gmt":"2026-04-20T13:18:51","guid":{"rendered":"https:\/\/ftmo.com\/au\/?p=2322"},"modified":"2026-04-20T13:18:51","modified_gmt":"2026-04-20T13:18:51","slug":"trading-week-ahead-flash-pmis-in-focus","status":"publish","type":"post","link":"https:\/\/ftmo.com\/au\/blog\/trading-week-ahead-flash-pmis-in-focus\/","title":{"rendered":"Trading Week Ahead: Flash PMIs in Focus"},"content":{"rendered":"

Middle East peace hopes have collapsed after US forces seized an Iranian tanker. In retaliation, Tehran claims to have closed the Strait of Hormuz once again<\/strong>, triggering extreme volatility across global energy markets. With risk appetite fading, the spotlight shifts to Q1 earnings<\/strong> from heavyweights like Cleveland-Cliffs<\/strong> and the next leg of the AI race as SK Hynix advances memory production for Nvidia<\/strong>.<\/em><\/p>\n

Brace for this week’s three key macro events:<\/strong><\/p>\n

\ud83d\udc49 <\/strong>US Retail Sales<\/b><\/p>\n

Forecast to accelerate sharply to <\/span>1.4% (prev. 0.6%), this is a critical read on consumer spending strength. A soft print falling short of these high expectations will drag the dollar and fuel aggressive rate cut bets.<\/span><\/p>\n

\ud83d\udc49 <\/strong>EUR Flash PMIs<\/b><\/p>\n

The primary Eurozone growth gauge is driving the European Central Bank’s next policy move. Markets are bracing for a slip into contraction for the services sector (forecast <\/span>49.8 vs. prev. 50.2), alongside a slowdown in manufacturing (forecast <\/span>50.7 vs. prev. 51.5).<\/span><\/p>\n

\ud83d\udc49 <\/strong>US Flash PMIs<\/b><\/p>\n

The standout macro event of the week. Traders will aggressively parse the data to see if the crucial services sector can claw its way back into expansion territory (forecast<\/span> 50.1 vs. prev. 49.8). A weak print missing this threshold is virtually guaranteed to spike market volatility.<\/span><\/p>\n

\n\n\n

\n \n
\n Monday, Apr. 20\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 \"CAD\"\n <\/div>\n CAD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n CPI<\/span>\n <\/div>\n <\/div>\n \n
\n Tuesday, Apr. 21\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 00:45<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"NZD\"\n <\/div>\n NZD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n CP<\/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 Claimant Count Change<\/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 Retail Sales<\/span>\n <\/div>\n <\/div>\n \n
\n Wednesday, Apr. 22\n <\/div>\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 CPI<\/span>\n <\/div>\n <\/div>\n \n
\n Thursday, Apr. 23\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 10:00<\/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 Eurozone Flash PMI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 10:30<\/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 Flash PMI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 15:45<\/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 Flash PMI<\/span>\n <\/div>\n <\/div>\n \n
\n Friday, Apr. 24\n <\/div>\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 Retail Sales<\/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 \n
Date<\/th>\n Time<\/th>\n Instrument<\/th>\n Event<\/th>\n <\/tr>\n <\/thead>\n
Monday, Apr. 20<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 14:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"CAD\"\n <\/div>\n
CAD<\/div>\n <\/div>\n <\/td>\n\n
\n CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
Tuesday, Apr. 21<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 00:45<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"NZD\"\n <\/div>\n
NZD<\/div>\n <\/div>\n <\/td>\n\n
\n CP<\/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 Claimant Count Change<\/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 Retail Sales<\/span>\n <\/td>\n <\/tr>\n \n \n
Wednesday, Apr. 22<\/td>\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 CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
Thursday, Apr. 23<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 10:00<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n Eurozone Flash PMI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 10:30<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"GBP\"\n <\/div>\n
GBP<\/div>\n <\/div>\n <\/td>\n\n
\n Flash PMI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 15:45<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Flash PMI<\/span>\n <\/td>\n <\/tr>\n \n \n
Friday, Apr. 24<\/td>\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 Retail Sales<\/span>\n <\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n