Principal focus to be on the 3rd estimate of US GDP data for 2014 Q4

Data-wise, the principal focus to be on the 3rd estimate of US GDP data for 2014 Q4. 

The release covers the period prior to the recent soft patch in US data - potentially reflecting the impact of adverse weather - that is of pivotal interest to the current policy outlook. 

According to Lloyds Bank the expectations are for a modest upward revision to the current estimate of an annualised 2.2% pace, reflecting new data on personal healthcare expenditures.

"The final estimates of the University of Michigan sentiment survey for March may therefore provide some timelier context for the US economic conjuncture", says Lloyds Bank.