13/03/2015 – Economic Events Of The Coming Week

On Thursday, January's All Industry Activity Index will be released in Japan. In Russia, the weekly Gold and Forex Reserve Statement will see light. This will be followed by the weekly U.S. Initial Jobless Claims.

13/03/2015 – Economic Events of the Coming Week

Monday: Rightmove house prices will see light in the U.K., with the current print indicating a 6.6% annual increase. Additionally, European Central Bank President Draghi is scheduled to speak in Frankfurt. In the U.S., the March Empire State manufacturing survey will be released, followed by February Industrial Production data.

Tuesday: The day is scheduled to see the Bank of Japan release a monetary policy statement, followed by a statement by Bank of Japan Governor Kuroda. The ZEW survey will be released in Germany. Analysts expect the Current Situation component to record a hefty 6.5 point gain, to 52. The final estimate for the Eurozone's February Consumer Price Index will also see light, where annual deflation is currently running at 0.3%. In the U.S., February Housing Starts and Building Permits data will see light.

Wednesday: Labor market data will see light in the U.K., where analysts expect to see unemployment dropping a notch, to 5.6%. It will also be interesting to read the Bank of England's minutes, released during the day. The weekly MBA Mortgage Applications will also see light in the U.S., following a rather negative sentiment during the last month. The peak of the day, undoubtedly will be the Federal Open Market Committee issuing a rate decision for the U.S., followed by a press conference with Governor Yellen, where she will need to maneuver between past comments and the U.S. Dollar's appreciation.  

Thursday: January's All Industry Activity Index will be released in Japan. In Russia, the weekly Gold and Forex Reserve Statement will see light. This will be followed by the weekly U.S. Initial Jobless Claims. February's U.S. leading index is also scheduled to be released.

Friday: February Producer Prices will be released in Germany and February Balance of Payments data will see light in the Eurozone. 

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