This Thursday we get the latest monetary policy assessment form the SNB as well as a number of US publications, so let’s take a look.
Swiss Producer Price Index for February opens this agenda at a quarter past 8. Prices advanced by point 3% in January and this was the sixth consecutive monthly increase.
Then it’s the day’s key event for the Swiss Franc traders at 8:30 as Swiss National Bank releases their monetary policy assessment. The SNB conducts an in-depth monetary policy assessment in March, June, September and December. Each of these assessments results in an interest rate decision and the publication of a medium-term conditional inflation forecast.
US data run starts with a total of four publications out at a half past noon GMT, including Philly Fed Survey for March. The index for current manufacturing activity increased 4 points in February to a reading of 25.8.
Jobless claims are out at the same time. Initial claims rose from the multi decade low of 210 thousand by 21 thousand in the week, which ended on March the 3rd.
Data run continues with Empire State Survey for March. Business activity continued to expand in New York State, according to firms responding to the February Survey. The headline general business conditions index fell five points to 13.1, suggesting a somewhat slower pace of growth than in January.
Import Prices for February wrap up the US data run at a half past noon. Prices jumped by 1% in January and this was the sixth monthly increase in a row.
US NAHB Housing Market Index for March is out next at 2 PM GMT. Index stood steady in February, unchanged from January’s level of 72.
Treasury International Capital Data report for January wraps up the US data run at 8 PM. Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were 27.3 billion in December.
New Zealand Manufacturing PMI for February follows at 9:30 PM. Manufacturing sector rebounded in January after index dropped to a multiyear low of 51.1 in the final month of last year.
Revised Japanese Industrial Production for January wraps up this agenda at an early 4:30 in the morning. According to preliminary report, production dropped by 6.6%, which was the fastest decline since the 2011 earthquake.
I’m Kiays Khalil you’ve been watching the Economic Calendar for Thursday. Click back for this week’s last report, but for now, goodbye.

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