germany 30

Tuesday 29th March

12.30am – Japan unemployment rate (February): the jobless rate is expected to hold at 3.2%, the same as last month.

3:30pm – Fed Chairwoman Janet Yellen speaks

5pm – Dallas Fed President Rob Kaplan

 Wednesday 30 March

1pm – German CPI (March, preliminary): price growth forecast to be 0.2% YoY & 0.5% MoM in this first estimate.

1.15pm – US ADP employment change (March): 191,000 jobs are expected to have been created, down from 214K in the February reading.

3.30pm – US EIA crude inventories: stockpiles of crude oil are expected to rise by 1.4 million barrels, after a huge increase of over 9 million in the preceding week. Gasoline inventories forecast to fall by 1.6 million barrels, from a 4.6 million barrel drop in the previous reading.

5pm – Chicago Fed President Charles Evans

 Thursday 31 March

7am – German Retail Sales : expected to rise (YoY) (Feb), 1.9% vs -0.8% while the (MoM) number is expected to decrease slightly to 0.3% from 0.7% 

8.55am – German unemployment (March): the unemployment rate is expected to rise to 6.3% from 6.2%, while the number of Germans out of work falls by 10,000, after an 11,000 drop in February.

9.30am – UK GDP growth (Q4, final): growth is expected to be revised up to 0.5% from 0.4% QoQ and down to 1.9% from 2.1% YoY.

10am – Eurozone inflation (March, preliminary): expected to fall by 0.1% YoY, while core price growth holds steady at 0.8%.

1.30pm – US initial jobless claims: 269,000 claims expected for the previous week.
1:30pm – Chicago Fed President Charles Evans
9pm – New York Fed President Bill Dudley

 Friday 1 April

12.50am – Japan Tankan mfg index (Q1): the index is forecast to slow to 11.5 from 12 in Q4 of 2015.

2.00 – 2.45am – China mfg & non-mfg PMI (March): this bonanza of China data sees official mfg and non-mfg emerge at 2am, with both index expected to post modest improvement, while the Caixin mfg PMI is forecast to rise to 48.6 from 48

8:55am – German Manufacturing PMI (March) forecast to decline to 50.4 from 50.5

9am – Eurozone Manufacturing PMI (March) forecast to rise to 51.4 from 51.2

10am – eurozone unemployment (February): the unemployment rate is expected to move to 10.2% from 10.3%.

1pm – Cleveland Fed President Loretta Mester

1.30pm – US non-farm payrolls (March): 275K jobs are forecast for this reading, up from 242K in the previous month. Meanwhile, average hourly earnings are expected to rise by 0.2%, from last month’s 0.1% drop.

3pm – US mfg PMI, Michigan confidence index (March, final): the last reading for March for the mfg PMI is expected to see the number revised to 51.4 from 51.3, while the Michigan confidence index is revised down to 90 from a previous estimate of 91.7.