US and Chinese inflation, Delta Air earnings: what investors need to know this week
Delta Air Lines' quarterly earnings will be an indicator of how the war in Iran has affected the airline industry / Photo: David Peterlin/Shutterstock.com
This week will see the release of the first U.S. inflation data, reflecting the impact of the war in Iran. Price statistics for March will also be released by China and Germany, the largest economy in the eurozone.
The centerpiece of the corporate calendar will be Delta Air Lines' reporting, which will serve as a key indicator of how the Iranian crisis and the resulting spike in jet fuel prices are affecting the aviation industry, which is highly susceptible to fluctuations in oil prices, Yahoo Finance writes.
On Monday, April 6, the Institute for Supply Management (ISM) will release its March U.S. services business activity index (PMI). The consensus forecast calls for a reading of 54.9 points, down one point from February's reading, Barron's reports.
Europe's largest stock exchanges are closed for Easter.
On Tuesday, April 7, S&P will release its final March data on the Eurozone services sector business activity index (PMI).
Levi Strauss will report its financial results for the first quarter. Its report will demonstrate how consumer spending is changing in a war environment, Yahoo Finance points out.
On Wednesday, April 8, the US Federal Open Market Committee (FOMC) of the US Federal Reserve will publish the minutes of its March monetary policy meeting. At it, the FOMC kept interest rates at 3.5-3.75% per annum.
Constellation Brands and Delta Air Lines will disclose their quarterly statements.
On Thursday, April 9, the U.S. Bureau of Economic Analysis (BEA) will release the February Personal Consumption Expenditures (PCE) price index as well as the final estimate of the nation's GDP growth for the fourth quarter of 2025.
On Friday, April 10, the U.S. Bureau of Labor Statistics will release the Consumer Price Index (CPI) for March. This is the first inflation report that will reflect the impact of the Iran war on Americans. The market expects price growth to accelerate to an annualized rate of 3.4% - one percentage point above February's level. The Core CPI inflation gauge, which excludes volatile food and energy prices, was expected by consensus forecast to rise to 2.7% in March from 2.5% in February, according to Barron's.
China's National Bureau of Statistics will also release the first full-fledged inflation report since the start of the Iran war, The Wall Street Journal reported. According to the WSJ's consensus estimate, China's consumer price growth in March remained at an annualized rate of 1.3%, with the producer price index (PPI) returning to the green zone after more than three years in negative territory. China is now in a better position than most Asian countries, as it can protect itself from a price shock thanks to significant strategic reserves and the ability to start up coal-fired capacity if needed, the publication notes.
The final inflation data for March will also be released in Germany.
This article was AI-translated and verified by a human editor
