Thursday, 15 March 2018

Weekly Outlook: Mar 19 - Mar 23

Posted by Anonymous at 09:28 Labels: ,

Monday

Europe: Eurozone’s trade balance for January is due for release at 10:00 GMT.

Tuesday

Europe: Germany’s PPI for February kicks off the session at 07:00 GMT, followed by consumer and producer inflation data from the United Kingdom scheduled at 09:30 GMT. Germany and the European Union will also count on ZEW economic sentiment measures for March at 10:00 GMT.

Wednesday

Europe: focus will turn to fresh employment data in the UK. Average earnings, the claimant count and unemployment rate are all set for publishing as of 09:30 GMT. CBI industrial trends orders for March will be out at 11:00 GMT.

United States: market players will be paying attention the release of existing home sales for February at 14:00 GMT and the interest rate decision for March as of 18:00 GMT. Expectations are currently pointing at a 25 basis point interest rate increase to 1.50-1.75 percent.

Thursday

Europe: Germany’s manufacturing and services PMIs for March are due at 08:30 GMT, followed by business expectations, current assessment and lfo business climate index at 09:00 GMT. The European Union and the United Kingdom will also be releasing activity data at 09:00 GMT and 09:30 GMT respectively. Attention in the UK will be shifted to the monetary policy meeting of the Bank of England, although interest rates are expected to remain in place.

Friday

United States: durable goods orders for February will be out at 12:30 GMT. New home sales for February are expected to be published at 14:00 GMT.

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