29.03.2017 – Economic Calendar by Dukascopy
March 29, 2017 12:02 pmVideo
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There’s plenty of news scheduled for Thursday, the 30th of March. Keep watching this Economic Calendar to find out more.
Swiss KOF Economic Barometer for March is up first at 7 AM. The Index surged by 5.2 points in February, hitting a 3-year high. This suggests the Swiss economy should grow at an above-average rate in the near future.
The closely watched preliminary estimate of German March CPI comes at noon GMT. The annual inflation in the largest Euro Zone economy rose to 2.2% in August, driven by higher food, energy, and services costs.
Another high importance event, the final version of US fourth quarter GDP, follows half an hour later. The preliminary estimate puts the annualised quarterly growth at 1.9%, but the figure could be revised upwards.
The closely watched weekly update on US Jobless Claims is out at the same time. Initial claims jumped by 15 thousand during the week ending March 18, whereas the continuing claims went down by 35 thousand during the week ending March 11.
And Canadian Industrial Product Price Index for February will be available at this time as well. Producer prices have been growing for the past 5 months, with energy and petrol products being the main contributors.
There’s a break in the schedule until 11:01 in the evening, when the UK Consumer Confidence for March is released. The Index inched lower in February as expectations for personal finances dropped by 4 points.
Two high importance news releases regarding the Japanese economy in February are out at 11:30, including the Consumer Price Index. The core annual inflation turned positive in January for the first time in more than a year.
Labour Report comes at the same time. The unemployment rate inched down by point 1 percentage point in January.
Japanese Preliminary Industrial Production for February follows at 11:50. Output slipped in January, following two months of strong growth.
New Zealand Business Confidence for March is released at midnight. The Index eased in February, but the report noted that this probably suggests a temporary weakness.
Australian Private Sector Credit for February is scheduled at half past midnight. Loan portfolio grew less than expected in January, following a strong point 7% gain the previous month.
And the closely watched Chinese March PMI is out last at 1 o’clock. The manufacturing PMI rebounded in February, and, while the Services PMI did lose some ground, it does remain well in the positive territory.
That’s all for Thursday’s Economic Calendar. I’m Jack Everitt and we’ll be back with the next overview of news releases for Friday. See you then.
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