In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods. China is to publish what will be closely watched data on manufacturing and the U.K. is to publish a report on retail sales.
Monday, March 24
China is to release the preliminary estimate of the HSBC manufacturing index, a leading indicator of economic health. The euro zone is to release preliminary data on manufacturing and service sector activity, a leading indicator of economic health. Germany and France are also to release individual reports. The U.S. is to release preliminary data on manufacturing activity.
Tuesday, March 25
In the euro zone, Germany is to release the Ifo report on business climate. The U.K. is to release data on consumer price inflation, which accounts for the majority of overall inflation. The nation is also to release private sector data on retail sales. Later Tuesday, the U.S. is to release report on house price inflation and consumer confidence, as well as official data on new home sales.
Wednesday, March 26
In the euro zone, Germany is to release a report on Gfk consumer climate. The U.S. is to release data on durable goods orders, a leading indicator of production. New Zealand is to release data on the trade balance, the difference in value between imports and exports.
Thursday, March 27
The euro zone is to release data on M3 money supply. The U.K. is to produce official data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The U.S. is to publish final data on fourth quarter economic growth. The nation is also to release the weekly report on initial jobless claims and private sector data on pending home sales.
Friday, March 28
Japan is to release a series of data, including reports on household spending, inflation and retail sales. In the euro zone, Germany is to produce preliminary data on consumer inflation, while France is to publish data on consumer spending. The U.K. is to release data on the current account and final data on fourth quarter growth. The U.S. is to round up the week with a report on personal spending and revised data on consumer sentiment.