Manufacturing Production in the UK and Federal Budget Balance in the US are the main events lined up. Let’s see what awaits us today.
In the US, Federal Budget Balance, value the difference between the federal government’s income and spending over the last, -220.0B is expected now from 2.9B on February.
Later in the US, National Federation of Independent Business (NFIB) Small Business Index due to rise up to 91.3 points from 88.9 points on the last month survey.
In Europe, German Wholesale Price Index (WPI), the price change of goods sold by wholesalers, rise of 0.1% is due now up to 0.4%.
Later in Europe, German Final Consumer Price Index (CPI); 0.6% is calculated now with no change from the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Manufacturing Production, value all the manufacturers’ output production, 0.1% is due now from 1.6% on the last time.
Later in Great Britain, National Institute of Economic and Social Research (NIESR) Gross Domestic Product (GDP) Estimate, the estimated value of all goods and services produced by the economy on the last 3 months, no change is likely from the previous report.
Later on in Great Britain, Trade Balance, value the difference between imported and exported goods; -8.8B points are estimated now from -8.9B points on the previous month.
More in Great Britain, Royal Institution of Chartered Surveyors (RICS) House Price Balance, housing inflation that is based on monthly survey, is about to remain -4% similar to the last time.
Finally in Great Britain, Industrial Production is due to remain 0.1%.
Read more about the Pound in the GBP/USD forecast.
In Australia, NAB Business Confidence National Australia Bank (NAB), monthly survey to rate the relative level of current business conditions, 3 points are likely with no change from February.
Later in Australia, Westpac Consumer Sentiment, diffusion index that is based on consumer’s survey, 7.7% is forecasted similar to February.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Real Estate Institute of New Zealand (REINZ) House Price Index (HPI), measures the price changes of all homes, -1.0% is calculated now with no change from the last monthly report.
Later in New Zealand, Food Price Index (FPI), 1.9% is predicted now similar to the last report.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Consumer Confidence, indicator of consumer spending that is due to reduce down to 43.0% from 43.3% on February.
Read more about the yen in the USD/JPY forecast.
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