Guide to today’s important data and events

Lot of economic dockets scheduled for today and some with high risks associated.

Data released so far

• UK - GFK consumer confidence dropped to zero in February from 4 in January.
   
• China - House price index edged up 2.5% in January from a year ago, up from 1.6% in December.

Upcoming 

• France - Fourth quarter GDP, producer prices and consumer spending data will be released at 7:45 GMT.
   
• Spain - Spanish HICP number for February will be released at 8:00 GMT.
   
• Italy - Wage inflation for January will be released at 9:00 GMT.
   
• Portugal - February consumer and business confidence data will be released today.
   
• Euro Zone - Euro zone confidence numbers, such as consumer, services, businesses, economic and industrial will be released at 10:00 GMT.
   
• India - Reserve Bank of India will release FX reserve details at 11:30 GMT.
   
• Germany - Consumer price details will be released today at 13:00 GMT.
   
• US - Fourth quarter GDP figure will be released at 13:30 GMT, followed by personal income and spending data at 15:00 GMT, along with Michigan consumer sentiment. Baker Hughs oil rig count will be released at 18:00 GMT.
   
• Auctions - Italy will auction 5 and 10 year bond today. US will auction 7 year note at 18:00 GMT.