Key Economic Events and Forecasts for the Week of March 11-15
Sunday, 10 March 2024, 10:12
UPCOMING EVENTS:
This week's economic calendar features important reports from various countries including Japan, UK, Eurozone, US, and New Zealand.
Tuesday:
- UK Unemployment Rate expected to stay at 3.8%
- Average Earnings Ex-Bonus may decrease to 5.7%
- Average Earnings including Bonus projected at 6.2%
Weak wage growth data could prompt rate cut expectations sooner, while strong figures may not alter the current outlook. BoE could potentially cut rates in August.
Thursday:
- US PPI Y/Y expected at 1.2%
- Core PPI Y/Y seen at 2.0%
- US Retail Sales M/M forecasted at 0.7%
Market anticipating dovish sentiments given recent weak economic data.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.