Index (PMI) Reports
Monday, March 24:
Purchasing Managers' Index (PMI) Reports: Preliminary PMI data for March will be released for major economies, including the Eurozone, the UK, and the US. These indicators provide insights into the health of the manufacturing and services sectors. Notably, the UK's private sector growth has reached a six-month high, with the Composite Output Index rising to 52.0 in March from 50.5 in February.
Tuesday, March 25:
US Consumer Confidence Index: The Conference Board will publish its Consumer Confidence Index for March, offering a gauge of consumer sentiment amid recent economic developments.
Wednesday, March 26:
UK Inflation Data: February's Consumer Price Index (CPI) figures will be released, providing insights into inflation trends. Economists expect a slight decline to 2.9% from 3%, influenced by higher food prices and weaker clothing price pressures.
Thursday, March 27:
US Gross Domestic Product (GDP): The final estimate for Q4 GDP will be announced, shedding light on the overall economic performance of the United States during the last quarter.
Friday, March 28:
US Personal Consumption Expenditures (PCE) Index: February's PCE data, the Federal Reserve's preferred inflation measure, will be released. This index is crucial for assessing inflationary pressures and potential monetary policy adjustments.