Tuesday brings a number of high importance publications from North America, so let’s take a closer look with the Economic Calendar. Two news releases regarding the US economy in February are up first at half past noon GMT, and Goods Trade Balance is one of them. Trade deficit widened in January, reaching its highest level in almost 5 years as exports could not keep up with a strong rise in imports. Preliminary Wholesale Inventories are out at the same time. Inventories inched lower in January, following 2 months of strong growth. US S&P Home Price Index for January follows half an hour later. The December index surprised on the upside, posting the strongest annual growth in 11 months. The closely watched Preliminary US Consumer Confidence for March comes at 2. The Index gained 3.2 ponts in February and now stands at its highest level in 15 years. Improved business conditions, labour market and income prospects all contributed to the growth. Loonie Dollar traders may want to tune in at 2:05 when the Bank of Canada Governor Stephen Poloz will be giving a speech on the economic history of Canada. The text of the speech will be available on the Bank’s website 15 minutes earlier. Moreover, Governor Poloz will also hold a press conference at 3:10. Another closely watched speech follows at 4:50 when Federal Reserve Chair Janet Yellen will be discussing the challenges of workforce development in low-income communities at Washington DC. And Japanese Retail Sales for February conclude the schedule at 11:50 in the evening. Sales picked up speed in January, growing faster than expected. I’m Jack Everitt and this was the Economic Calendar for Tuesday, the 28th of March. Check back in for the next overview of news releases for Wednesday. Goodbye.
Tuesday brings a number of high importance publications from North America, so let’s take a closer look with the Economic Calendar.
Two news releases regarding the US economy in February are up first at half past noon GMT, and Goods Trade Balance is one of them. Trade deficit widened in January, reaching its highest level in almost 5 years as exports could not keep up with a strong rise in imports.
Preliminary Wholesale Inventories are out at the same time. Inventories inched lower in January, following 2 months of strong growth.
US S&P Home Price Index for January follows half an hour later. The December index surprised on the upside, posting the strongest annual growth in 11 months.
The closely watched Preliminary US Consumer Confidence for March comes at 2. The Index gained 3.2 ponts in February and now stands at its highest level in 15 years. Improved business conditions, labour market and income prospects all contributed to the growth.
Loonie Dollar traders may want to tune in at 2:05 when the Bank of Canada Governor Stephen Poloz will be giving a speech on the economic history of Canada. The text of the speech will be available on the Bank’s website 15 minutes earlier. Moreover, Governor Poloz will also hold a press conference at 3:10.
Another closely watched speech follows at 4:50 when Federal Reserve Chair Janet Yellen will be discussing the challenges of workforce development in low-income communities at Washington DC.
And Japanese Retail Sales for February conclude the schedule at 11:50 in the evening. Sales picked up speed in January, growing faster than expected.
I’m Jack Everitt and this was the Economic Calendar for Tuesday, the 28th of March. Check back in for the next overview of news releases for Wednesday. Goodbye.
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