Weekly Outlook: Mar 12 - Mar 16

Monday

United States: federal budget balance for February is due for release as of 19:00 GMT. Market analysts are forecasting a budget expansion to $51 billion from $49 billion.

Tuesday

United States: the consumer price index for February will be out at 12:30 GMT, with a 0.2 percent build seen from a prior month 0.5 percent increase.

Wednesday

Asia: fixed asset investment for February and industrial production are scheduled at 02:00 GMT.

Europe: Germany’s consumer price index for February will be available at 07:00 GMT, followed by Eurozone’s industrial production for January at 10:00 GMT.

United States: investors will be monitoring the producer price index for February and retail sales as of 12:30 GMT. The latest reading on business inventories will be out at 14:00 GMT.

Thursday

United States: export and import price indexes for February are set for release at 12:30 GMT, along with the NY Empire State manufacturing index and Philadelphia Fed manufacturing index for March. TIC net long-term transactions for January will be out at 20:00 GMT.

Friday

Asia: industrial production for January is up at 04:30 GMT.

Europe: Eurozone’s consumer price index for February will be released at 10:00 GMT.

United States: building permits and housing starts for February are set for 12:30 GMT. Industrial production for February is next at 13:15 GMT. JOLTs job openings will be out at 14:00 GMT, together with Michigan University’s consumer expectations and sentiment for March.

FortFS