Newsquawk Daily Economic Releases - 17th April 2026

Today's release includes Italy's Balance of Trade and Canada's Housing Starts data, which can provide insights into trade dynamics and housing market health, respectively.

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Mexico Economy Minister says Mexico is modernizing its trade agreement with the EU, eliminating some tariffs and including fewer tariffs on autos and agriculture

Israeli defense official says a ceasefire could be announced on Thursday night. "We are at a crossroads. Nothing is final but it could happen today", Axios reports

Newsquawk Daily Economic Releases - 17th April 2026

Teva (TEVA) has reportedly won a reinstatement of USD 177mln patent case against Eli Lilly (LLY)

A US insurance programme for ships to transit the Strait of Hormuz is nearly "ready to go", but is still working out security issues, WSJ reports, citing an official; Chubb (CB) will administer the maritime reinsurance program

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  • Data: Italian Balance of Trade (Feb), Canadian Housing Starts (Mar)
  • Speakers: BoE's Breeden, Pill; Fed’s Daly, Barkin, Waller
  • Supply: Australia
  • Earnings: State Street
  • Credit Review: Morningstar DBRS reviews credit rating on the EU and Italy
Context

Pay close attention to how these figures measure up against expectations, as they could influence currency movements, especially in the Euro and CAD, particularly against the backdrop of upcoming comments from central bank officials like the BoE and Fed, which may further sway market sentiment.

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