Week Ahead

Next week the most important events will be the Fed and Bank of England monetary policy decisions. Key economic data include: US durable goods orders; existing and new home sales; UK inflation, retail trade, unemployment rate, wages data and CBI factory orders; Eurozone consumer sentiment; Japan inflation; Australia employment figures; and flash PMIs for the US, the Eurozone and Japan.
Joana Ferreira | joana.ferreira@tradingeconomics.com 3/17/2018 11:18:32 AM
In the US, investors will turn their attention to next week's FOMC meeting at which the Federal Reserve is expected to raise interest rates. Regarding the economic calendar, the most important releases will be: durable goods orders; existing and new home sales; flash Markit PMIs; current account; Kansas Fed Manufacturing Index; and FHFA house prices.

In the UK, the Bank of England will also be deciding on monetary policy, with markets anticipating no changes. The country's inflation, retail trade, unemployment rate, wages data, CBI factory orders and public sector net borrowing will also be watched. 

Elsewhere in Europe, important releases include flash Markit PMIs for the Eurozone, Germany and France. Markets will also focus on: the Eurozone consumer sentiment and foreign trade; Germany business and investor morale; France business confidence; and Italy industrial output and trade balance.

Japan will release February's inflation rate and trade balance and flash Nikkei Manufacturing PMI, while China is set to publish house price data. In Australia, analysts are eyeing the publication of unemployment rate and employment change, alongside house price index.

Other important releases include: Canada inflation and retail sales; and New Zealand, Taiwan, Indonesia, the Philippines, Brazil and Russia interest rate decisions.

Week Ahead