26th March 2018 – 30th March 2018
To kick of the week, From US will release the Chicago Fed National Activity Index report which will give a significant insight of the economic activity and the related inflationary pressure on the economy. The week will be followed by the speech from members of Fed Reserve Mr. William Dudley and from Mr. Mester which will give the insight to the trend of the current market and future projections of US economy. On Tuesday, European Commission will release the Business Climate Indicator based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the euro area. Its movement is clearly linked to the industrial production of the euro area. Followed by the speech by Fed Reserve Member Raphael W. Bostic which will be an impact for the US economy. On Wednesday,UE Bureau Economic Analysis release the GDP annualized data which will shows the monetary value of all the goods, services and structures produced within a country in each period. The report will reflect the economy of the country whether its growing or decreasing. Also from the Department of Commerce will release the Core Personal Consumption Expenditure. This report is considered as a significant indicator of inflation. From Japan, the Japan Retail trade report, key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative. The Unemployment Change released by the Bundesagentur für Arbeit and published by the German Statistics Office is a measure of the absolute change in the number of unemployed people in Germany using seasonally adjusted data. A reading above expected is seen as negative for the EUR, while a low reading is seen as positive. Another report from Germany later Thursday is the HICP. HICP is a measure of prices used by Governing Council of EU to define and assess price stability in the euro area in quantitative terms. For sterling traders, the Gross Domestic Product report will also be a major focus in the week ahead. A rising trend has a positive effect on the GBP, while a falling trend is seen as negative. Later for the day is from US, the Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis. "Core" excludes seasonally volatile products such as food and energy to capture an accurate calculation of the expenditure. It is a significant indicator of inflation. On Friday, Banks will be closed for the Good Friday. The major markets Germany, New Zealand, Australia, Canada and UK will be closed followed by the weekend and will be open on the following Monday. There will be no major data from the US or the Euro Zone. The day will be less volatile compared to the whole week. Monday
Tuesday
Wednesday
Thursday
Friday