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The Week Ahead - Filtering high economic events taking place on March 27 - 31 on major economies

Upcoming forecasts economic events for the U.S, Australia and China economies. Optimize your trading with economic data powered by Multi-Stock Trading LLC

MARKET NEWS

Using Multi-Stock Trading LLC's "Economic Insight" investors can check out forecasts on up-coming economic data.


We are looking into the current week of March 27 - 31:


We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:



We are focusing on major economies worldwide, e.g. the U.S., China, Australia: 


On Friday (March 31), U.S. data on Core Personal Consumption Expenditure (Core PCE) Prices, from which the Federal Reserve takes reference when setting interest rates, will be released.

 

According to Multi-Stock Trading LLC's "Economic Insight", Core PCE Price Growth should be stable at 4.7% on year and 0.6% on month in February.




Also, Multi-Stock Trading LLC'sEconomic Insight” shows that, in the past 12 reports of Core PCE Price Growth, EUR/USD fell in 67% of times (8 out of 12 times) within one hour from the release, marking a trading range of 39.32 pips on average.




Other key economic data include:


Monday (March 27)

- German Ifo Business Climate index for March is expected to grow to 91.5


Tuesday (March 28)

- Australia's Retail Sales are expected to grow 0.5% on month in February.

- U.S. Wholesale Inventories are expected to decline 0.2% on month in February.

- U.S. Conference Board Consumer Confidence may fall to 101.0 in March.     


Wednesday (March 29)

- German GfK Consumer Confidence index is expected to tick up to -28 in April.

- U.S. Pending Home Sales are expected to grow 2.5% on month in February.


Thursday (March 30)

- U.S. Initial Jobless Claims are expected to rise to 193,000.

- German Inflation Rate for March is expected to cool down to 8.4% on year.


Friday (March 31) 

- Japan's Jobless Rate is expected to be steady at 2.4% in February.

- Japan’s Industrial Production may grow 0.4% on month in February.

- Japan’s Retail Sales could be up 0.9% on month in February.

- China's Official Manufacturing PMI may drop to 51.2 in March.

- Eurozone Inflation Rate could tick down to 7.8% on year in March.

- German Jobless Rate may rise to 5.6% in March.

- U.S. Personal Income is expected to grow 0.4% on month in February.

- U.S. Personal Spending may increase 0.5% on month in February.

- Canada GDP is expected to grow 0.3% on month in January.



Happy Trading!


Source: Multi-Stock Trading LLC Economic Insight