Highlights
In France, consumer inflation in March is expected to ease to 2.8 percent from 3.0 percent in February. When harmonised, forecasters are looking for slowing to 0.7 percent monthly and 2.8 percent annually that would compare with February's 0.9 and 3.2 percent.
Consumption of manufactured goods by consumers in France is seen rising 0.2 percent on the month in February following a 0.5 percent fall in January.
In Italy, consumer inflation is expected to rise but remain low, at a consensus 1.4 percent in March versus 0.8 percent in February. The monthly rate is seen up 0.3 percent versus February's 0.1 percent increase.
The US goods deficit (Census basis) is expected to hold steady at $90.6 billion in February after deepening by $2.8 billion in January to $90.5 billion.
Personal income is expected to rise 0.4 percent on the month in February, with consumption expenditures expected to increase 0.5 percent. These would compare with January's unexpected 1.0 percent jump in income and as-expected 0.2 percent increase in consumption.
Inflation readings for February are forecast at monthly increases of 0.4 percent overall and 0.3 percent for the core (versus 0.3 and 0.4 percent increases in January, which were both as expected). Annual rates are expected at 2.5 percent overall and 2.8 percent for the core (versus January's 2.4 and 2.8 percent, which were also both as expected).
Wholesale inventories are expected to increase 0.2 percent on the month in the advance report for February that would follow a 0.1 percent draw in January.
San Francisco Federal Reserve Bank President Mary Daly will give welcome remarks before the Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference at 11:15 a.m. EDT (1515 GMT).
At the same event, Federal Reserve Chairman Jerome Powell will participate in a moderated discussion at 11:30 a.m. EDT (1530 GMT).
Consumption of manufactured goods by consumers in France is seen rising 0.2 percent on the month in February following a 0.5 percent fall in January.
In Italy, consumer inflation is expected to rise but remain low, at a consensus 1.4 percent in March versus 0.8 percent in February. The monthly rate is seen up 0.3 percent versus February's 0.1 percent increase.
The US goods deficit (Census basis) is expected to hold steady at $90.6 billion in February after deepening by $2.8 billion in January to $90.5 billion.
Personal income is expected to rise 0.4 percent on the month in February, with consumption expenditures expected to increase 0.5 percent. These would compare with January's unexpected 1.0 percent jump in income and as-expected 0.2 percent increase in consumption.
Inflation readings for February are forecast at monthly increases of 0.4 percent overall and 0.3 percent for the core (versus 0.3 and 0.4 percent increases in January, which were both as expected). Annual rates are expected at 2.5 percent overall and 2.8 percent for the core (versus January's 2.4 and 2.8 percent, which were also both as expected).
Wholesale inventories are expected to increase 0.2 percent on the month in the advance report for February that would follow a 0.1 percent draw in January.
San Francisco Federal Reserve Bank President Mary Daly will give welcome remarks before the Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference at 11:15 a.m. EDT (1515 GMT).
At the same event, Federal Reserve Chairman Jerome Powell will participate in a moderated discussion at 11:30 a.m. EDT (1530 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.
