As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/ITleQRkOkrI?si=0IpXUSz4Schi0To8

Sunday:

Iran attacks Israel for the first time ever. The stock exchanges in Israel can even close in positive territory (Sunday is a trading day in Israel). The stock markets had already fallen in part on Friday, while the price of oil had risen significantly.

https://www.welt.de/politik/ausland/article251019758/Israel-Libanesische-Hisbollah-Miliz-gratuliert-Iran-zu-Angriff-auf-Israel.html

Monday:

US retail sales came in higher than expected. Instead of the expected 0.3%, it was 0.7% growth in March. The labor market also saw 300,000 new jobs created in March alone.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-us-einzelhaendler-steigern-umsatz-unerwartet-stark/100032604.html

Tuesday:

China's 🇨🇳 economy grew by 5.3% year-on-year from January to March, stronger than expected. However, experts doubt the authenticity of the data. Among other things, home prices in China continued to fall and were 2.7% lower than in the previous year. Retail sales also increased by only 3.1% and industrial production by 4.5%.

https://www.handelsblatt.com/politik/international/konjunktur-chinas-wirtschaft-waechst-deutlich-staerker-als-erwartet/100032723.html

Exciting figures from $EVK (+0,87%) Evonik, the specialty chemicals group earned more than expected. The chemical industry is considered an early cyclical sector, so the good figures could be an indicator of a coming upswing.

https://www.handelsblatt.com/unternehmen/industrie/evonik-chemiekonzern-uebertrifft-die-erwartungen-im-ersten-quartal/100032822.html

Wednesday:

The inflation rate in the UK falls less sharply than expected, to 3.2%. However, a fall to 3.1% was expected. This also reduces the likelihood of a rapid interest rate cut in the UK. In the USA, initial analysts are even expecting interest rate hikes again. In the EU, on the other hand, even the trade unions have now complained that the ECB has not yet cut interest rates.

https://www.ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711

The $BVB (+0%) BVB share can rise significantly today after yesterday's semi-final. Instead of 25 - 35 million euros, the surplus is expected to rise to 33 - 43 million euros. BVB will receive at least 12.5 million euros for reaching the semi-finals.

https://www.handelsblatt.com/finanzen/maerkte/aktien/bvb-aktie-legt-zu-millionen-praemie-nach-einzug-ins-champions-league-halbfinale-01/100033105.html?_gl=1*1a4gktr*_up*MQ..&gclid=CjwKCAjw5v2wBhBrEiwAXDDoJeKeX0JnN1c_SzsBP1V0pbGQFqqcEI50UmYAZEJGvBqNZnmaKSZXMhoCa_oQAvD_BwE

Thursday:

Despite the numerous conflicts with Hamas, Hezbollah and Iran (which supports proxies such as Hamas), Israel's 🇮🇱 economy is back on track for growth. The Purchasing Managers' Index rose to 51 points, > 50 points signaling growth.

https://www.handelsblatt.com/politik/international/nahost-israels-wirtschaft-wieder-zurueck-auf-wachstumskurs/29433048.html

Saturday:

The USA 🇺🇸 passes a 90 billion euro package including military aid for Ukraine, Israel and Taiwan in the House of Representatives. In addition, China's participation (the company Bytedance) in TikTok is banned in the USA. The Senate still has to give its approval.

https://www.handelsblatt.com/politik/international/usa-repraesentantenhaus-bringt-ukraine-hilfen-und-tiktok-verbot-auf-den-weg/100033612.html

These are the most important dates for the coming week:

Monday: 10:00 ifo Business Climate (DE)

Thursday: 10:00 Purchasing Managers' Index (EU)

Friday: 5:00 Interest rate decision (Japan)