This week ahead: top news to watch this week

Fellow traders, let us have a look at upcoming week in terms of important economic news.

Below you can find short table of major economic news during this week:

Monday: UK Services PMI: A survey on Britain’s giant services sector due at 0930GMT (4:30AM ET) on Monday is forecast to inch up to 53.3 from the previous month’s reading of 53.0. China’s annual two-week long National People’s Congress commencing on Monday will also grab some attention. The political meeting is used by leaders to set policies for the year and detail plans to curb financial risk, air pollution, and excess industrial capacity.

Tuesday: USD Factory Orders (MoM) (Jan): The advance durable goods orders report from the Census Bureau of USA impacting USD values. Tuesday will also bring us AUD RBA Interest Rate Decision

Wednesday: EUR Gross Domestic Product s.a.

Thursday: European Central Bank Policy Meeting: President Mario Draghi will hold what will be a closely-watched press conference 45 minutes after the rate announcement. How he views signs of undershooting inflation and any clues on when the central bank plans to end its €2.5 trillion stimulus program will be important. China Trade Figures for February will be released on Thursday as well. Exports are forecast to have climbed 13.9% from a year earlier, following a gain of 11.1% in the preceding month, while imports are expected to rise 9.7%, after soaring 36.9% in January.

Friday: The U.S. Labour Department will release US Employment report. The consensus forecast is that the data will show jobs growth of 204,000, after adding 200,000 positions in January, while the unemployment rate is forecast to dip to a 17-year low of 4.0% from 4.1%.

Sources: 

https://www.investing.com/news/economy-news/economic-calendar–top-5-things-to-watch-this-week-1323555

https://www.ft.com/content/1140bade-2010-11e8-a895-1ba1f72c2c11

https://www.ft.com/markets

https://www.fxstreet.com/analysis/week-ahead-italian-election-central-banks-and-us-jobs-in-focus-201803042347?utm_source=NLsession&utm_medium=email&utm_content=also-happening-2-headline&utm_campaign=weekahead-newsletter

https://www.fxstreet.com/news/key-events-for-the-week-ahead-nomura-201803042355?utm_source=NLsession&utm_medium=email&utm_content=hot-story-headline&utm_campaign=weekahead-newsletter

https://www.fxstreet.com/economic-calendar?utm_source=NLecocal&utm_medium=email&utm_content=cta-button-1&utm_campaign=eco-cal-weekly-schedule&utm_source=NLecocal&utm_medium=email&utm_content=cta-button-1&utm_campaign=eco-cal-weekly-schedule

https://www.investing.com/economic-calendar/

https://www.investing.com/news/world-news/italy-elections-deliver-hung-parliament-gridlock-exit-polls-1323524