Economic Calendar: Eurozone Inflation Reading And Overnight Data From Japan

This week is going to be defined by inflation readings, but before US’ CPI takes the center stage on Wednesday, we are starting off with a classicaly thin economic calendar for Monday.

After German industrial production and Norway’s CPI the remaining core events in Europe are Italy’s PPI and Sentix Index release for the business climate in the Eurozone. We will also hear from the Bundesbank’s head J. Nagel. The volatility will likely hike overnight and in the early Asian trading tomorrow, due to the release of the key macro data for Japan (GDP, inflation).

Economic Calendar for Monday:

07:00 AM GMT, Germany – Industrial Production for January:

• German Industrial Production: actual -1.60% YoY; previous -2.20% YoY;
• German Industrial Production: actual 2.0% MoM; forecast 1.6% MoM; previous -1.5% MoM;

07:00 AM GMT, Germany – Balance of Tade Data for January:

• German Imports: actual 1.2% MoM; previous 1.6% MoM;
• German Exports: actual -2.5% MoM; previous 2.5% MoM;
• German Trade Balance: actual 16.0B; forecast 21.0B; previous 20.7B;

07:00 AM GMT, Norway – Inflation Data for February:

• CPI:  actual 3.6% YoY; forecast 2.9% YoY; previous 2.3% YoY
• Core CPI: actual 3.4% YoY; forecast 2.9% YoY; previous 2.8% YoY

09:00 AM GMT, Italy – Inflation Data for January:

• Monthly PPI:  previous 0.6% MOM
• Yearly PPI: previous 1.1% YoY

09:00 AM GMT, Switzerland – SECO Consumer Climate:

• forecast -28; previous -21;

09:30 AM GMT, Eurozone, Sentix Index for March:

• forecast -8.5; previous -12.7;

10:00 AM GMT, Euro Zone – Eurogroup Meetings

01:00 PM GMT, Germany – German Buba President Nagel Speaks

03:00 PM GMT, United States – NY Fed 1-Year Consumer Inflation Expectations:

• previous 3.0%;

11:30 PM GMT, Japan – Inflation Data for January:

• Household Spending: forecast -1.9% MoM; previous 2.3% MoM;
• Household Spending: forecast 3.7% YoY; previous 2.7% YoY;

11:50 PM GMT, Japan – M3 Money Supply for February:

• previous 2,205.2B;

11:50 PM GMT, Japan – GDP data:

• GDP Private Consumption (Q4): forecast 0.1% QoQ; previous 0.7% QoQ;
• GDP Price Index (Q4): forecast 2.8% YoY; previous 2.4% YoY;
• GDP External Demand (Q4): forecast 0.7% QoQ; previous -0.2% QoQ;
• GDP Capital Expenditure (Q4): forecast 0.5% QoQ; previous -0.1% QoQ;
• GDP Annualized (Q4): previous 1.2% QoQ;
• GDP (Q4): forecast 0.7% QoQ; previous 0.3% QoQ;

11:50 PM GMT, Japan – M2 Money Stock:

• forecast 1.4% YoY; previous 1.3% YoY;

The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.