Highlights
Swiss retail sales are expected to post a 0.2 percent rise on the year in February, down from 0.3 percent in January.
Switzerland's SVME PMI headline index is expected to climb from February's very weak 44.0 to 45.0 in March.
In France, no revisions are expected to March manufacturing PMI, leaving the headline index at 45.8, down from February's final 47.1.
In the German March PMI, no revisions are expected to the manufacturing sector, leaving the headline index at 41.6, down from February's final 42.5.
In the Eurozone, no revisions are expected to March manufacturing PMI, leaving the headline index at 45.7, down from February's final 46.5.
Consumer inflation in Germany is forecast to ease to a 2.3 percent rise on year in March after moderating to 2.5 percent in February from 2.9 percent in January. Consensus for the harmonised data is 2.4 percent, which would be also slower than 2.7 percent in February.
Among US data, factory orders are expected to rise 1.0 percent on the month in February versus January's monthly 3.6 percent aircraft-driven decline. Durable goods orders for February, which have already been released and are one of two major components of this report, rose 1.4 percent on wide strength.
The Labor Department's JOLTS report is forecast to show job openings for February is 8.8 million, little changed from January's 8.863 million, which for the second report in a row was slightly above Econoday's consensus.
Unit vehicle sales in March are expected to increase to a 16.0 million annualized rate from February's stronger-than-expected 15.8 million rate that was up sharply from January's 14.9 million.
Federal Reserve Board Governor Michelle Bowman will speak virtually on"Bank Mergers and Acquisitions, and De Novo Bank Formation: Implications for the Future of the Banking System" before the Workshop on the Future of Banking hosted by the Federal Reserve Bank of Kansas City at 10 a.m. EDT (1400 GMT).
New York Federal Reserve Bank President John Williams will moderate a discussion before the Economic Club of New York at 12 p.m. EDT (1600 GMT).
Cleveland Federal Reserve Bank President Loretta Mester will speak on the economic outlook before the Cleveland Association for Business Economics and Team NEO Luncheon at 12:05 p.m. EDT (1605 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a hybrid fireside chat in partnership with the Henderson Chamber of Commerce, Latin Chamber of Commerce Nevada, and Vegas Chamber of Commerce at 1:30 p.m. EDT (1730 GMT).
China's S&P services PMI in March is expected to edge back to 52.7 versus February's 52.5 and January's 52.7.
Switzerland's SVME PMI headline index is expected to climb from February's very weak 44.0 to 45.0 in March.
In France, no revisions are expected to March manufacturing PMI, leaving the headline index at 45.8, down from February's final 47.1.
In the German March PMI, no revisions are expected to the manufacturing sector, leaving the headline index at 41.6, down from February's final 42.5.
In the Eurozone, no revisions are expected to March manufacturing PMI, leaving the headline index at 45.7, down from February's final 46.5.
Consumer inflation in Germany is forecast to ease to a 2.3 percent rise on year in March after moderating to 2.5 percent in February from 2.9 percent in January. Consensus for the harmonised data is 2.4 percent, which would be also slower than 2.7 percent in February.
Among US data, factory orders are expected to rise 1.0 percent on the month in February versus January's monthly 3.6 percent aircraft-driven decline. Durable goods orders for February, which have already been released and are one of two major components of this report, rose 1.4 percent on wide strength.
The Labor Department's JOLTS report is forecast to show job openings for February is 8.8 million, little changed from January's 8.863 million, which for the second report in a row was slightly above Econoday's consensus.
Unit vehicle sales in March are expected to increase to a 16.0 million annualized rate from February's stronger-than-expected 15.8 million rate that was up sharply from January's 14.9 million.
Federal Reserve Board Governor Michelle Bowman will speak virtually on"Bank Mergers and Acquisitions, and De Novo Bank Formation: Implications for the Future of the Banking System" before the Workshop on the Future of Banking hosted by the Federal Reserve Bank of Kansas City at 10 a.m. EDT (1400 GMT).
New York Federal Reserve Bank President John Williams will moderate a discussion before the Economic Club of New York at 12 p.m. EDT (1600 GMT).
Cleveland Federal Reserve Bank President Loretta Mester will speak on the economic outlook before the Cleveland Association for Business Economics and Team NEO Luncheon at 12:05 p.m. EDT (1605 GMT).
San Francisco Federal Reserve Bank President Mary Daly will participate in a hybrid fireside chat in partnership with the Henderson Chamber of Commerce, Latin Chamber of Commerce Nevada, and Vegas Chamber of Commerce at 1:30 p.m. EDT (1730 GMT).
China's S&P services PMI in March is expected to edge back to 52.7 versus February's 52.5 and January's 52.7.
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.
