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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- New Zealand: ANZ activity outlook index up 10.5 percent in January.
- United Kingdom: GFK consumer confidence index -13 in February.
- Australia: Private capital expenditure up 2 percent in Q4.
- China: Non-manufacturing PMI declined to 54.3 in February, while manufacturing PMI at 49.2, which signals contraction.
- Japan: Construction orders up 19.8 percent y/y in January. Housing starts up 1.1 percent y/y.
Upcoming:
- Switzerland: Q4 GDP report will be released at 6:45 GMT. KOF leading index will be updated at 8:00 GMT.
- Germany: Import price inflation data will be updated at 7:00 GMT.
- United Kingdom: February housing price report will be released at 7:00 GMT.
- France: PPI inflation report will be released at 7:45 GMT, along with CPI inflation, and Q4 GDP report.
- Spain: HICP inflation report will be released at 8:00 GMT, followed by a December current account balance at 9:00 GMT.
- Italy: CPI inflation report will be released at 10:00 GMT.
- Germany: CPI inflation report will be released at 13:00 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT, along with Q4 GDP report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Fed’s Clarida is set for a speech at 13:00 GMT, and Bostic at 13:50 GMT. Kansas Fed manufacturing activity report will be released at 16:00 GMT.
- Australia: AiG performance of manufacturing report will be released at 21:30 GMT.
- New Zealand: Q4 Terms of trade report will be released at 21:45 GMT.
- Japan: Tokyo inflation report will be released at 23:30 GMT.
- Auction: Germany and Italy would auction 10-year bond today.
