What to look out for in the week ahead – Deutsche Bank

Analysts at Deutsche Bank suggest that the main highlights to kick the week off will likely be comments from various central bankers including the Fed's Dudley and Mester in the evening.

Key Quotes

“The only notable data release due on Monday is Dallas Fed manufacturing activity print in the US for March.”

“Tuesday: Overnight, the Fed's Quarles is due to speak at an event in Atlanta. There's no notable data to highlight in Asia while in Europe the main focus will likely be the March confidence indicators for the Euro area. In the US we'll also get the March consumer confidence print, as well the March Richmond Fed manufacturing PMI and January S&P/Case-Shiller house price index readings. The Fed's Bostic will then speak at a conference in the late afternoon, while the BoE is due to publish the record of its Financial Policy Committee meeting.”

“Wednesday: Early in the morning on Wednesday we should hear from the new PBOC deputy governor Pan Gongsheng. Datawise all eyes will be on the US with the third and final revisions due to be made for Q4 GDP, while the February advance goods trade balance, wholesale inventories and pending home sales data are also due out. The Fed's Bostic is due to again make comments in the late afternoon. In Europe consumer confidence prints in Germany and France, and March CBI retail sales data in the UK is due.”

“Thursday: A busy day for data highlighted by the February PCE data in the US, and personal income and spending reports. The latest weekly initial jobless claims reading, March Chicago PMI and final revisions to the March University of Michigan consumer sentiment reading is also due. In Europe the main highlight will likely be the flash March CPI report in Germany. Money and credit aggregates data in the UK along with the final Q4 GDP revision is also due. Away from the data, in the early evening the Fed's Harker is due to speak.”

“Friday: With most major markets shut for the long weekend holiday it should be a quiet end to the week. Industrial production and housing starts data is due in Japan for February while in Europe we'll get the flash March CPI reports in France and Italy. There is nothing due in the US.”