US: Key data for next two weeks – Danske

By FXStreet Analysts from Danske Bank take note of the next key economic numbers from the US, until the end of the month.

Key Quotes:

“In the US, next week is a light one in terms of data releases. The two most important data releases will be Markit manufacturing PMI and durable goods orders due Tuesday and Thursday respectively. Also both existing home sales and new home sales for February are due during the week (Monday and Wednesday, respectively).

“In two weeks, the calendar is a heavy one. The week begins with the release of February PCE figures on Monday. We estimate that the PCE core index rose 0.2% m/m implying an inflation rate of 1.8% y/y, which would be the highest inflation rate since November 2012. (…) On Tuesday we get the Conference Board’s consumer confidence index for March. The index has been range-bound over the last year but is currently at the lower end of the range. We expect a rebound to 94, suggesting that consumers are still quite upbeat.”

“The March jobs report is due on Friday 1 April. The development of the labour market has been strong at the beginning of 2016 despite the financial turmoil and some key economic …read more

Source:: FX Street