Governors week kicks off. Meetings of the US and Japanese central banks are held today and tomorrow. Discounted the decision of the Fed: tomorrow, barring sensational surprises, a new cut in central bank purchases will be announced, as the positive data from the building sector and the Dallas Fed suggest, among other things, which underlines the strength of the recovery in Texas.
More complicated on the eve of Boxwood: traders do not expect new expansionary moves in the immediate term, but Governor Kuroda could anticipate new stimulus moves for the summer. Asian stocks are weak this morning: Tokyo loses 0,98%, Shanghai 0,12% while Hong Kong moves around parity.
Perhaps the most eagerly awaited data is that on European inflation which will be made public tomorrow morning. It will be an opportunity to verify the strength of the presumed rebound in prices at Easter, a circumstance which could cause the expansive measures of the ECB in view of the meeting on 8 May. In Piazza Affari the attention continues for Mediaset, in the wake of the possible agreement with Al Jazeera and Canal Plus on digital.
