Deutsche Bank analysts suggest that it’s going to be a busy end to the week for the markets on Friday with a host of data releases lined up.
Key Quotes
“Key highlight of the day is likely to be preliminary March CPI releases in France, Italy and Euro area along with release of Jan Core PCE data in the US and final 4Q GDP in the UK and Spain.”
“Besides, we will also be getting France’s February YTD budget balance and Feb consumer spending data, Germany’s March employment report, Italy’s February PPI and the UK’s February consumer credit, money supply and mortgage approvals data.”
“In the US, we will get the February personal income, personal spending and new home sales data along with March Chicago purchasing manager index and final March University of Michigan survey results.”
“We will also get China’s February current account balance sometime during the day. Aside from the data, ECB’s Coeure and Fed’s Quarles are also due to speak, while trade talks between the US and China will continue.”