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Events to Look Out For Next Week

Retail Sales (GBP, GMT 09:00) – UK retail sales for February is expected to have declined to -4.3% y/y from -5.1% y/y.
Markit PMIs (EUR, GMT 08:30-09:30) – The preliminary Eurozone Composite March PMI is forecasted unchanged to 50.2. In UK, the preliminary March Manufacturing PMI  is expected to contract slightly at 49.2 from 49.3.
Durable goods orders I (USD, GMT 14:45) –Durable goods orders are expected to rebound 3.0% in February with an 8.1% transportation orders rise, after a -4.5% headline drop in January that included a -13.3% transportation orders drop.

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Andria Pichidi

Market Analyst

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