Markets: Key events in the week ahead – Deutsche Bank
According to Deutsche Bank analysts, it's a busy start to the week with the key highlight being the release of March manufacturing PMIs in Spain, Italy, France, Germany, Euro-area, the UK and the US.
Key Quotes
“Other important data highlights are the release of the February unemployment rate and March CPI reading in the Eurozone, along with the release of January business inventories, February retail sales and construction spending, and March's ISM manufacturing all in the US. Bank of Canada Governor Poloz will also be speaking.”
“Tuesday: It's a light day for data with releases of note being February's construction PMI in the UK and February PPI in the Eurozone, along with the release of preliminary February capital goods and durable goods data, and March vehicle sales in the US. The Reserve Bank of Australia will also announce their latest rate decision.”
“Wednesday: Again it's a busy day for data with the key highlight being the release of the services and composite PMIs in Japan, China, Spain, Italy, France, Germany, Euro-area, the UK and the US. Beside, we will be also getting March's BRC shop price index and official reserves data in the UK, Q4's budget deficit to GDP in Italy and February retail sales in the Eurozone. In the US, we will get the latest weekly MBA mortgage applications, March's ADP employment change and March's ISM non-manufacturing index. Aside from the data, the Fed's Bostic and Kashkari are due to speak, while Chinese Vice Premier Liu He will be visiting Washington for further trade discussions.”
“Thursday: The only data releases of note for the day are Germany's February factory orders and March's construction PMI along with the release of March's Challenger job cuts and the latest weekly initial and continuing claims in the US. Turning to central banks, we'll get the latest decision from the Reserve Bank of India, the ECB minutes from their March meeting will be released, and the Fed's Mester is due to speak.”
“Friday: It's a payrolls Friday with the key release being the March non-farm payrolls data in the US. In terms of other data releases, we will get Japan's February household spending and real cash earnings data, Germany's February industrial production, the UK's Q4 unit labour costs and February consumer credit data in the US. In terms of central bank speakers, the Fed's Bostic is due to speak.”