23.03.2017 – Economic Calendar by Dukascopy
March 22, 2017 2:16 pmVideo
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There are several known market movers scheduled for Thursday, the 23rd of March. Let’s find out more.
German GfK Consumer Confidence for March is up first at 7 AM. The Index inched slightly lower in February on the back of weaker income expectations and decreased propensity to buy.
European Central Bank will release its latest Economic Bulletin at 9. The previous bulletin did note the annual inflation is nearing the ECB target rate, but it remained cautious as the core reading still is subdued.
UK Retail sales data for February are available at 9:30. Sales have been declining for the past 3 months, contrary to the market expectations.
Coming up next at half past noon GMT is the closely watched weekly update on US Jobless Claims. Initial claims went down by 2 thousand during the week ending March 11 whereas the continuing claims dropped by no less than 30 thousand during the week ending March 4.
Traders may want to keep an eye on Fed Chair Janet Yellen as she will be speaking at the Community Development Research Conference in Washington DC. Her opening remarks are scheduled at quarter to 1.
US New Home Sales for February are out at 2. Sales rebounded in January from the 10-month low reached in December, but the growth was smaller than anticipated.
The preliminary reading of Euro Zone March Consumer Confidence is up next at 3. The Index lost some ground in February, having stood unchanged for the past 2 months.
New Zealand Trade Balance for February will be available at quarter to 10. Trade deficit widened in January as a point 3% gain in exports just could not keep up with an 8% growth in imports.
And Preliminary Japanese Manufacturing PMI for March concludes the schedule at half past midnight. The February data surprised on the upside, showing the strongest expansion in the manufacturing sector in almost 3 years.
This was the Economic Calendar for Thursday with me, Jack Everitt. Check back in for the next overview of news releases for Friday. Goodbye.
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