The Trading Week: 24th – 28th March, 2014. What our Top Traders can expect.

blog bild_04112013 Against the expectations of a rise the Chinese HSBC PMI Index decreased by almost 0.5 index points as announced on Sunday night.

Monday: We are already in the midst of the current trading week and today the German manufacturing PMI manufacturing was released resulting in a 1 point drop.

Tuesday: Staying in Germany, the IFO Business Climate Index will be published. A slight decrease from 111.3 to 111.0 points is expected. The figures coming out of the U.K. indicate as expected a decline in consumer price inflation over the last year to 1.7% (-0.2). Other forecasts coming from the U.S. show an increased consumer confidence by 0.5 points. Finally, ECB President Mario Draghi will give a speech which could produce short-term movements in the market.

Wednesday: Further data from America comes on Wednesday. If you believe the forecasts, Core Durable Goods Orders will drop this month by 0.8% percentage points compared with the previous month, to 0.3%.

After Retail Sales in the UK dipped as low as that of 2 years previously (-1.5%), revenues seem to be stabilizing again. Experts now predict a jump in price by 1 percentage point. Also a jump is predicted for the U.S. GDP for this quarter of 2.7%, plus of 0.3 percentage points.

Friday: U.K’s GDP for the quarter finishes the week with no predicted change at (0.7%).

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