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This Will Be Important Next Week

Europe

On Monday, France’s trade balance for January will be published.

On Tuesday, the UK publishes the unemployment rate for January and the average earnings index for December. On the other hand, the EU reports industrial production for January and economic sentiment for March. Germany’s ZEW economic sentiment report for March is also published.

On Thursday, the EU publishes the inflation figures for February. However, the main focus will be on the Bank of England’s (BoE) monetary policy meeting and the publication of interest rate decisions.

On Friday, the EU will publish its wage index for the fourth quarter of 2021 and the January trade balance. The previous trade balance showed a deficit of 4.6 billion euros.

Asia

On Monday, India publishes the inflation rate for February. The inflation rate is expected to remain around 6%.

On Tuesday, South Korea will report import and export prices for February and China will report fixed asset investment for February, industrial production for February, retail sales for February, and the unemployment rate.

On Wednesday, South Korea publishes the unemployment rate for February. Japan reports imports and exports in February, February trade balance, and industrial production from January. China will report the house price index from February.

On Thursday, Japan reports machinery orders for January. This is followed by the Australian report on the unemployment rate in February.

On Friday, Japan will release the nationwide base consumer price index for February and the monetary policy statement with the Bank of Japan’s interest rate decision.

The U.S.

On Tuesday, the U.S. Producer Price Index (PPI) for February and the NY Empire State Manufacturing Index for March is scheduled to be released.

Wednesday’s U.S. releases include retail sales for February, import and export prices for February and the housing market index for March from the National Association of Home Builders (NAHB), business inventories for January, weekly oil inventories from the U.S. Energy Information Administration (EIA) and interest rate decisions (on the morning of March 17) from the Federal Open Market Committee (FOMC).

On Thursday, the U.S. will release weekly initial jobless claims, February housing starts, the Philadelphia Fed manufacturing index for March and February industrial production.

February existing-home sales will be reported on Friday.

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