Economic data coming up in the European session Author: Justin Low | Category: News
Eurozone final CPI figures for the month of February on the cards
Happy Friday, everyone! Hope you're all doing well as we gear towards the European session ahead. Brexit headlines once again stole the spotlight in overnight trading but we're seeing a more calm start to the day for the pound this time around. Meanwhile, the dollar is holding weaker across the board retracing its overnight move for the most part.
Looking ahead, expect more Brexit headlines to come about – but they should center around MV3 now, so all else being equal it should be less impactful – though with the lack of key economic data releases, trading sentiment will be largely dictated by the ebb and flow.
0700 GMT – Germany February wholesale price indexPrior release can be found here. The index measures the value of sales made by wholesalers in Germany, it provides an indicator of consumption and retail pattern. A minor data point.
0900 GMT – Italy January industrial sales, orders dataThe release here provides a general gauge of factory activity in the Italian economy. Not a major data point by any means.
1000 GMT – Eurozone February final CPI figures
ForexLive Preliminary figures can be found here. As this is the final release, it shouldn't be of much impact unless the figures heavily deviate from initial estimates.
We'll also be hearing quite a bit from BOJ governor Haruhiko Kuroda as he delivers his press conference following the central bank's monetary policy meeting. That should come around any time after 0600 GMT and then he'll be speaking again at 0855 GMT at the B20 Tokyo Summit.
I wish you all the best of days to come and good luck with your trading!