Highlights
German retail sales are expected to rise 0.5 percent on the month in February after falling 0.3 percent in January and slumping 1.7 percent in December.
Unemployment in Germany is seen unchanged at 5.5 percent in March.
In France, consumer inflation is forecast to slow to a 5.5 percent year-over-year rate in March from 6.3 percent in February.
Italy's consumer prices are expected to rise 8.8 percent on the year in March, lower than 9.1 percent in February.
In the Eurozone, the annual inflation rate measured by the harmonised index of consumer prices (HICP) is also expected to show to 7.3 percent in March from 8.5 percent in February. The narrow core's year-over-year increase is forecast at 5.7 percent, up slightly from 5.6 percent the previous month.
The region's unemployment rate is seen improving slightly to 6.6 percent in February from 6.7 percent in January.
In the US, personal income is expected to rise 0.3 percent on the month in February after a 0.6 percent gain in January, with consumption expenditures seen slowing to a 0.2 percent increase after a 1.8 percent surge.
Inflation readings for February are expected at monthly increases of 0.4 percent both overall and for the core (versus 0.6 percent increases for both in January) for annual rates of 5.1 and 4.7 percent (versus January's respective rates of 5.4 and 4.7 percent).
The Chicago PMI is expected to edge higher in March to a still deeply depressed 43.9 versus a lower-than-expected 43.6 in February.
The University of Michigan's consumer sentiment index is expected to end March unchanged from the mid-month flash of 63.4.
In Canada, the GDP for January is expected to rise 0.3 percent on the month, backed by relatively mild winter weather, after falling 0.1 percent in December. This would set the stage for a possible rebound in total domestic output in the January-March quarter, following zero growth in the final quarter of 2022.
New York Federal Reserve Bank President John Williams will speak and participate in a moderated discussion covering the economic outlook and monetary policy at an event hosted by Housatonic Community College at 3:05 p.m. EDT (1905 GMT).
Unemployment in Germany is seen unchanged at 5.5 percent in March.
In France, consumer inflation is forecast to slow to a 5.5 percent year-over-year rate in March from 6.3 percent in February.
Italy's consumer prices are expected to rise 8.8 percent on the year in March, lower than 9.1 percent in February.
In the Eurozone, the annual inflation rate measured by the harmonised index of consumer prices (HICP) is also expected to show to 7.3 percent in March from 8.5 percent in February. The narrow core's year-over-year increase is forecast at 5.7 percent, up slightly from 5.6 percent the previous month.
The region's unemployment rate is seen improving slightly to 6.6 percent in February from 6.7 percent in January.
In the US, personal income is expected to rise 0.3 percent on the month in February after a 0.6 percent gain in January, with consumption expenditures seen slowing to a 0.2 percent increase after a 1.8 percent surge.
Inflation readings for February are expected at monthly increases of 0.4 percent both overall and for the core (versus 0.6 percent increases for both in January) for annual rates of 5.1 and 4.7 percent (versus January's respective rates of 5.4 and 4.7 percent).
The Chicago PMI is expected to edge higher in March to a still deeply depressed 43.9 versus a lower-than-expected 43.6 in February.
The University of Michigan's consumer sentiment index is expected to end March unchanged from the mid-month flash of 63.4.
In Canada, the GDP for January is expected to rise 0.3 percent on the month, backed by relatively mild winter weather, after falling 0.1 percent in December. This would set the stage for a possible rebound in total domestic output in the January-March quarter, following zero growth in the final quarter of 2022.
New York Federal Reserve Bank President John Williams will speak and participate in a moderated discussion covering the economic outlook and monetary policy at an event hosted by Housatonic Community College at 3:05 p.m. EDT (1905 GMT).
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
