Retail Sales, Jobless Claims, Cathie Loves Coinbase – What’s Moving Markets By Investing.com – Investing.com

Retail Sales, Jobless Claims, Cathie Loves Coinbase – What’s Moving Markets By Investing.com – Investing.com

© Reuters

By Geoffrey Smith 

Investing.com -- Retail sales, industrial production and jobless claims head a busy U.S. data calendar. Coinbase gets ready for its second day of trading after a triumphant debut, helped in no small measure by Cathie Wood's ARK funds. Bank of America (NYSE:) announces a $25 billion stock buyback plan, while TSMC warns that the global chip shortage could drag into 2022. Dell surges as its founder simplifies the fiendishly complicated  structure of his empire, and oil consolidates after hitting its highest in nearly a month. Russian assets, meanwhile, come under pressure as the U.S. prepares a fresh round of sanctions against the country. Here's what you need to know in financial markets on Thursday, April 15th. 

1. Retail sales, jobless claims lead data calendar

It's a data-driven day in the U.S., with retail sales and industrial production data for March due, as well as the weekly update on jobless claims.

Retail sales, due out at 8:30 AM ET (1230 GMT) are expected to have risen by 5.9% last month, bouncing back from a weather-depressed 3% drop in February.

Industrial production, due 45 minutes later, is expected to have rebounded 2.8% after a 2.2% drop in February, when a week-long cold