FxWirePro: The Day Ahead- 9th March 2018

Lots of economic data and events scheduled for today, and some with high volatility risks associated.

Data released so far:

• Japan: Labor cash earnings up 0.7 percent y/y in January. Bank of Japan (BoJ) kept monetary policy unchanged at today’s meeting.
   
• China: CPI inflation rose to 2.9 percent y/y in February. Producer price inflation declines to 3.7 percent y/y.
   
• United Kingdom: RICs house price balance dropped to zero in February.

Upcoming:

• Japan: Machine tool orders report will be released at 6:00 GMT.
   
• Germany: Factory orders report will be released at 7:00 GMT. Industrial production report will be released at 7:00 GMT, along with January trade balance report.
   
• France: January industrial output and budget reports will be released at 7:45 GMT.
   
• Spain: Industrial output report for the month of January will be released at 8:00 GMT.
   
• Italy: Producer price inflation report will be released at 9:00 GMT.
   
• United Kingdom: January industrial and manufacturing production report will be released at 9:30 GMT, along with trade balance report and consumer inflation expectations report. NIESR will release GDP estimate at 13:00 GMT.
   
• Greece: Consumer price inflation report will be released at 10:00 GMT.
   
• United States: NFP employment report will be released at 13:30 GMT. Fed’s Rosengren is set for a speech at 17:45 GMT, along with Evans.
   
• Canada: Unemployment report will be released at 13:30 GMT/
   

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