The high impact news events i will be watching out closely for this week are the NZD and CAD Interest Rate Decision and CAD Employment Statistics. Also Manufacturing Production will be of focus for the GBP. However we have compiled the overall fundamental events for the week below.
Tuesday, March 8
Japan is to release revised data on first quarter gross domestic product.
China is to publish a report on the trade balance.
Bank of England Governor Mark Carney is to testify on Britain’s European Union membership before the Parliamentary Committee in London.
Canada is to release data on building permits.
Wednesday, March 9
Australia is to produce private sector data on consumer sentiment as well as official data on home loans.
The U.K. is to report on industrial and manufacturing production.
The Bank of Canada is to announce its benchmark interest rate and publish its rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.
Thursday, March 10
The Reserve Bank of New Zealand is to announce its benchmark interest rate and hold a press conference to discuss the monetary policy decision.
China is to release data on consumer price inflation.
The ECB is to announce its monetary policy decision. The rate announcement will be followed by a post-policy meeting press conference with President Mario Draghi.
The U.S. is to release the weekly report on initial jobless claims.
Friday, March 11
The U.K. is to release data on the trade balance.
Canada is to release its employment report for February.
The U.S. is to round up the week with data on import prices.