Analysts at Deutsche Bank lists down the key economic events and macro releases from across the globe for the week ahead, which are going to have significant impact on the markets.
“Monday: The main data focus will be in the US where the January retail sales report is due to be released. Prior to that we’ll see the January industrial production and trade balance prints in Germany, and February industrial sentiment reading in France. December business inventories in the US will also be out. Meanwhile, President Trump is expected to release his proposed fiscal 2020 budget, Euro Area finance ministers are due to meet in Brussels and the BoE’s Haskel is due to speak.”
“Tuesday: The February CPI report in the US is likely to be the highlight for data releases. In Europe we’ll see Q4 payrolls data in France and January GDP, trade and industrial production data in the UK. The February NFIB small business optimism reading will also be out in the US. Away from that the House of Commons is scheduled to vote on the revised Brexit deal, European Parliament votes on security measures tied to Huawei and the ECB’s Lautenschlaeger speaks in Basel.”
“Wednesday: The early data release is the January industrial production report for the Euro Area, while data due in the US includes February PPI, preliminary January durable and capital goods orders, and January construction spending. Elsewhere, EU ambassadors discuss Brexit in Brussels, UK lawmakers may vote on legislation to leave the EU without a deal. Chancellor Hammond presents the Spring Statement and the ECB’s Coeure speaks in Milan.”
“Thursday: The overnight focus should be in China where we’ll see February fixed asset investment, industrial production and retail sales data. In Europe we’ll get final February CPI revisions in Germany and France, while in the US we’ll get the February import price index print, latest weekly initial jobless claims and January new home sales. In the UK the House of Commons may vote on legislation to delay withdrawal from the EU. The OPEC monthly report is also due out.”
“Friday: The main focus will likely be the BoJ monetary policy meeting. Also out overnight will be February new home prices data in China. In Europe we’ll get the final February CPI revisions for the Euro Area, while in the US we’ll get March empire manufacturing, February industrial production, January JOLTS job openings and the preliminary March University of Michigan consumer sentiment survey. The ECB’s Rehn is also due to speak.”