The main events of Friday!

On Friday, March 29, the day is saturated with data on inflation in Japan, employment in Germany, GDP in the UK and Canada, and expenditures in the United States.

At 01:30 – inflation data in Japan will be issued:
– Jobs/applications ratio  (Feb),  forecast  1.63,  previous value 1.63.
– Core Consumer Price Index (CPI) in Tokyo (y/y) (Mar), forecast 1.1%,  previous value 1.1%.

At 01:50 –  data on industrial production in Japan will be released:
– Industrial Production (m/m) (Feb), forecast 1.4%, previous value -3.4%.
– Retail sales (y/y) (Feb),  forecast 0.9%,  previous value 0.6%.

At 09:00 – German retail sales (m/m) (February) will be announced,  forecast -1.0%,  previous value 3.3%.

At 10:00 – KOF leading economic indicators of Switzerland   (March) will be released.

At 10:55 – employment data in Germany will be released:
– German unemployment change (March),  forecast -10K,  previous value -21K.
– German unemployment rate (March), forecast 4.9%,  previous value  5.0%.

At 11:30 – U.K. GDP will be released:
– Business investment (q/q) (Q4), forecast -1.4%, previous -1.4%.
– Current account balance (Q4), forecast -22.9B, previous -26.5B.
– GDP (y/y) (Q4), forecast 1.3%, previous value 1.3%.
– GDP (q/q) (Q4), forecast 0.2%,  previous value  0.2%.

At 14:30 – data on expenditure in the United States will be published:
– Core price index for personal consumption expenditures (m/m) (Jan), forecast 0.2%, previous value 0.2%.
– Core price index for personal consumption expenditures (y/y) (January),  forecast  1.9%,  previous value 1.9%.
– Expenses of individuals (m/m) (January), forecast  0.3%, previous value  -0.5%.

Also at 14:30  – Canadian GDP data ill be released:
– GDP (m/m) (January),  forecast 0.1%,  previous value  -0.1%.
– GDP (y/y),  forecast  1.5%, previous value 1.1%.
– Raw materials price index (RMPI) (m/m) (Feb),  previous value  3.8%.

At 15:45 – PMI will be announced in Chicago USA (Mar.)  forecast, 61.0,  previous value 64.7.

At 16:00 – data on sales of new housing in the USA will be released:
– New home sales (Feb), forecast 620K,  previous value  607K.
– New home sales (m/m) (Feb),  forecast of 1.3%,  previous value  -6.9%.

At 19:00 –   number of Baker Hughes oil rigs in the USA will be published,  previous value  824.

Hanzenko Anton