Jane Foley, Senior FX Strategist at Rabobank, lists down the key economic releases for the week.
“Existing home sales for February are the only key data US release today, though the week will also bring PMI releases in addition to weekly initial claims and durables goods numbers. The Fed’s Lacker is due to speech this morning. Later in the day the ECB’s Constancio, the BoE’s Forbes and the Fed’s Lockhart are due to present at separate events.
The UK CBI will release its March survey on industrial trends. The CBI has waded into the Brexit debate by suggesting that the UK economy could lose in excess of 500 thousand jobs by 2020 and experience a 3% to 5.4% drop in economic output in 2020 in the event of a ‘Leave’ vote in June. The dramatic departure of the Work and Pension Secretary Duncan Smith over the weekend has further exposed divisions within the UK government.
Later in the week preliminary European PMI data for March and the German IFO and ZEW survey will cast light on reports from the German Finance Ministry that the economy has had a “dynamic” start to the year. UK inflation, retail sales and public finances data are due later in the week.
PS: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105
