Highlights
In the Eurozone M3 money supply data, the three-month moving average is expected to increase to 0.4 percent in March following February's as-expected 0.2 percent rate. This would support speculation that the effects of earlier tightening by the European Central Bank are beginning to diminish.
US personal income is expected to rise 0.5 percent in March with consumption expenditures expected to increase 0.6 percent. These would compare with February's 0.3 percent gain in income and 0.8 percent rise in consumption.
Inflation readings for March are expected at monthly increases of 0.3 percent both overall and for the core (versus 0.3 percent for both in February). Annual rates are expected at 2.6 percent overall and 2.7 percent for the core (versus February's 2.5 and 2.8 percent).
The University of Michigan's consumer sentiment index is expected to hold unchanged in the final for April at the preliminary reading of 77.9, which was down from 79.4 in March. Year-ahead inflation expectations for final April are seen unchanged at the 3.1 percent reading of the month's preliminary report.