Analysts at Deutsche Bank lists down the key economic events and releases for the markets from across the globe.
Key Quotes
"Monday: A quiet start to the week with the only data due being the January trade balance for the Euro Area and the March NAHB housing market index reading in the US.”
“Tuesday: The possibility of UK PM May bringing a 3rd version of the Brexit Withdrawal Agreement to Parliament will likely be the highlight. As for data, we'll get the January/February employment report in the UK, Q4 labour costs for the Euro Area and the March ZEW survey for Germany in the morning. In the US, final January durable and capital goods orders revisions, and January factory orders are due. Late evening we'll get BoJ minutes from the January meeting. Away from that Brazil President Bolsonaro will meet with President Trump at the White House.”
“Wednesday: All eyes will be on the Fed meeting in the evening. Prior to that, the only data due out is the February PPI reading in Germany and February CPI/RPI/ PPI in the UK.”
“Thursday: Brexit should dominate proceedings again as the two-day EU Council meeting kicks off in Brussels. The BoE policy decision is also due, while China President Xi Jinping is due to visit Italy and meet with PM Conte on the Belt and Road initiative. As for data, we'll get February retail sales and public sector net borrowing data in the UK, March consumer confidence reading for the Euro Area and March Philly Fed PMI, initial jobless claims and February leading index all in the US. Late evening we'll also get February CPI in Japan.”
“Friday: The flash March PMIs in Japan, Europe and the US highlight data releases on Friday. Other than that, we'll get January wholesale inventories, February existing home sales and February monthly budget statement. Away from that, Atlanta Fed President Raphael Bostic will speak at the San Francisco Fed’s Macroeconomics and Monetary Policy Conference.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
EUR/USD holds above 1.0700 ahead of key US data
EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
USD/JPY stays above 156.00 after BoJ Governor Ueda's comments
USD/JPY holds above 156.00 after surging above this level with the initial reaction to the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.
Gold price oscillates in a range as the focus remains glued to the US PCE Price Index
Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.
Sei Price Prediction: SEI is in the zone of interest after a 10% leap
Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase.