Markets: Key events in the week ahead – Deutsche Bank
According to analysts at Deutsche Bank, it’s going to be a fairly light day for data, with March industry sentiment data in France and the Sentix investor confidence reading for the Euro Area.
Key Quotes
“In the US we'll get February factory orders and final durable and capital goods orders revisions. Elsewhere the ECB's Villeroy is due to speak, while China Premier Li Keqiang is due to travel to Brussels for the China-EU Summit. The annual IMF/World Bank Spring Meetings also kick off.”
“Tuesday: A very quiet day for data releases with the UK's March BRC sales data, and March NFIB small business optimism print and February JOLTS report in the US the only releases of note. The Fed's Clarida speaks in the evening while the IMF's latest World Economic Outlook update is due.”
“Wednesday: The big highlight is the ECB meeting in the early afternoon followed by Draghi's press conference. Not long after that we'll also get the March CPI report in the US. Also high on the agenda will be the emergency EU Brexit Summit. Other data releases of note include February industrial production prints in France and the UK, as well as the February GDP reading in the latter. The March monthly budget statement is also due in the US along with the latest FOMC meeting minutes. The OPEC monthly oil report is due while the US Congressional Committee is due to hold a hearing with chiefs of the biggest US banks on "Holding Megabanks Accountable".”
“Thursday: Inflation releases should be the main focus with March CPI/PPI in China, final March CPI revisions in Germany and France and the March PPI report in the US all due. The latest initial jobless claims reading in the US will also be out. It's also a busy day for Fedspeak with Clarida, Bullard, Quarles, Kashkari and Bowman all due to speak. Meanwhile, South Korea President Moon Jae-in will meet with President Trump. India will also go to the polls.”
“Friday: Another quiet day for data with the February industrial production report for the Euro Area, and March import price index and preliminary University of Michigan consumer sentiment readings in the US due. March trade data in China is also likely to be out at some stage. Away from that the BoE's Carney is due to speak at the IMF/World Bank Spring Meetings.”
Author
Sandeep Kanihama
FXStreet Contributor
Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.
