Tuesday: The trading week kicks off with Consumer Price Index from the Euro zone. Compared to last year the index decreases by 0.1 percentage points to 0.7%. Also on Tuesday over in America, the CPI will be published. According to forecasts, the index has stagnated at 0.1%. In addition, both the Governor of the Bank of Canada (BOC Governor Stephen Poloz) and the Governor Carney of the Bank of England will hold press conferences.
Wednesday: We’ll be awaiting the FOMC economic growth projections and corresponding statement from the U.S. and a statement from the Federal Reserve Chair, Janet Yellen.
Current projections show that the UK labour market is still slightly faltering. However, current figures show that the recession could potentially be stopping thanks to a confirmation of a current increasing trend upwards since around mid-2013. The fluctuations on the New Zealand GDP adhere to its current trend of recent months by now climbing to a high of 1.4% followed by a drop to a low of 0.9%.
Thursday: The Philadelphia Fed Manufacturing Index experts predict an increase of nearly 10 points for the ISM (Institute for Supply Management manufacturing index. It remains to be seen however how much these statistics influence the ISM over the coming weeks.
Friday: The week ends in Canada with the CPI with a predicted rise in consumer prices by 0.3 percentage points to 0.2%. Likewise, negative figures are expected in Core Retail Sales with a decline of 0.5 percentage points to minus -1.4% showing that consumer spending declined in February.