• With the ramifications of last week's FOMC meeting continuing to reverberate across financial markets, a light data calendar leaves the focus on the day's slew of Fed speakers. Fischer, Williams and Mester will all have the opportunity to expand on their interpretation of Chair Yellen's presentation of the FOMC statement and projections. Although the 'dot plot' of FOMC members' individual rate forecasts showed a downward revision since the December projections, the projected rates remain well above a market-implied forward curve.
  
  
• In the context of the softer recent tone of US data, existing home sales figuresfor February will be scrutinised for evidence of an adverse weather effect.
  
  
• Notwithstanding the anaemic January print, we expect weather to limit any bounce-back in today's data. 
  
  
• In Europe, the result of the first complete week of ECB's QE purchases should attract some attention  alongside preliminary consumer confidence data for March. 
  Domestically, the CBI's Industrial Trendssurvey for March may be of interest for context on the strength of the UK manufacturing sector in Q1, following a soft start in the official data for January.