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The last trading week of April is certainly a busy one. The Fed convenes and they could bury the last remaining hopes for a rate hike in June. They will also have the preliminary GDP report and hint about it. In addition, we have rate decisions in New Zealand, where the central bank is unhappy with the exchange rate and from Japan. Reports coming out of Tokyo already talk about new stimulus in the form of paying banks, and the yen is already on the move. Also watch out for GDP reports in the UK, Canada in the euro-zone as well as end-of-month flows.

Preview for the week of April 25-29 2016: