THIS WEEK’S MARKET-MOVING EVENTS (all days local) realization
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Preliminary March reports on French and Italian consumer prices will be posted on Friday and will set up expectations for the Eurozone’s harmonised report on Wednesday, April 3; expectations are flat to lower for France and higher but still very low for Italy. Tokyo consumer prices for March will also be posted on Friday and will set up forecasts for the month’s national consumer prices to be posted in mid-April; slowing rates of inflation are expected.
PCE price indexes, part of Friday’s personal income and outlays report, will wind up US inflation data for the month of February and are not expected to show much if any improvement. Australia will post its CPI report for the month of February on Wednesday.
Canadian GDP for the month of January will be a highlight of Thursday’s session and is expected at plus 0.4 percent. Both Japanese retail sales and industrial production will be posted on Friday with a soft report expected for the latter. And posted on Sunday, March 31 Chinese time will be the country’s official CFLP PMI report which is expected to show improvement for manufacturing.
