Economic Calendar of The Week – March 30 – April 3, 2015

Economic Calendar of The Week – March 30 – April 3, 2015


Welcome to the Investors Trading Academy economic
calendar of the week. Each week our news analysts review the upcoming economic events that you
should be monitoring during the next week. This week’s marquee event will be the Nonfarm
payroll report scheduled to be released on Friday, April 3rd. This happens to also be
a global market holiday as many traders are off and markets closed in celebration of the
“Good Friday” holiday. This is a week of big US data, culminating
in the non-farm payrolls report on Friday. Overall the dollar has recovered some of its
lost ground in recent sessions, as the impact of the most recent Federal Reserve meeting
fades. We also get more Eurozone figures, which should underline the ongoing recovery
in this part of the world. Having seen a short squeeze in EUR/USD to $1.10 however, it seems
likely that the European Central Bank’s quantitative easing operations will start
to push the euro lower once again. In addition, data on manufacturing activity
in China is released on Wednesday. On Monday, personal income and spending statistics
are released along with pending home sales and the Dallas Federal Reserve manufacturing
index. On Tuesday, the Case Shiller measure of home
prices will be released with consumer confidence data. Home prices are tipped to be up 4.7
per cent over the year to January, up modestly from the 4.5 per cent annual gain to December.
On Wednesday Eurozone will get a look at individual country and overall PMI data along with UK
figures and quarterly GDP. In the US February data on construction spending
is issued with auto sales, the ADP national employment index and the ISM manufacturing
index. The manufacturing gauge is tipped to ease from 52.9 to 52.4 in March, but above
the 50 line that separates expansion from contraction. Construction spending is expected
to have lifted by 0.3 per cent in February. And in terms of the ADP jobs report, economists
tip a 240,000 lift in private jobs — a precursor to Friday’s official job report.
On Thursday, the Challenger job layoff data for March is released together with factory
orders, the usual weekly figures on claims for unemployment insurance, and February import
and export data. Friday will be a quiet day with the global
markets closed on holiday while investors focus on the NFP in the North American session.

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