(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
07:00 Switzerland KOF Leading Indicator March 90.1 89.1
The U.S. dollar is trading broadly higher against its major peers. On Friday data on U.S. GDP was reported. The final U.S. GDP rose at an annual rate of 2.2% in the fourth quarter, missing expectations for a 2.4% growth. A previous estimate was 2.2%. In Friday's highly anticipated speech FED chair Janet Yellen reiterated that the bank is going to hike rates gradually later this year although developments in the economy might have an impact on the timing. Today Personal Income, Personal Spending, Pending Home Sales and a speech of FED Vice Chairman Stanley Fischer will be in the focus.
The Australian dollar declined against the U.S. dollar for a fifth day in the absence of any major data from the region.
New Zealand's dollar booked losses against the greenback during the Asian session in the absence of any major data from the region. It's the fifth day of straight losses. At 21:45 GMT data on Building Permits will be reported.
The Japanese yen declined moderately against the greenback on Monday. Japanese Industrial Production shrank -3.4% in February, compared to a reading of +3.7% in January. Year on year Industrial Production came in at -2.6% compared to -2.8%.
EUR/USD: the euro traded lower against the greenback
(time / country / index / period / previous value / forecast)
08:30 United Kingdom Mortgage Approvals February 61 62
08:30 United Kingdom Net Lending to Individuals, bln February 2.4 2.5
09:00 Eurozone Business climate indicator March 0.07 0.18
09:00 Eurozone Economic sentiment index March 102.1 103.1
09:00 Eurozone Industrial confidence March -4.7 -4.0
12:00 Germany CPI, m/m (Preliminary) March 0.9% 0.4%
12:00 Germany CPI, y/y (Preliminary) March 0.1% 0.3%
12:30 Canada Industrial product prices, m/m February -0.4% 0.6%
12:30 Canada Raw Material Price Index February -7.7% 5.1%
12:30 U.S. Personal Income, m/m February 0.3% 0.3%
12:30 U.S. Personal spending February -0.2% 0.3%
12:30 U.S. PCE price index ex food, energy, m/m February 0.1% 0.1%
12:30 U.S. PCE price index ex food, energy, Y/Y February 1.3%
14:00 U.S. Pending Home Sales (MoM) February 1.7% 0.5%
21:45 New Zealand Building Permits, m/m February -3.8%
23:05 United Kingdom Gfk Consumer Confidence March 1 1
23:15 U.S. FED Vice Chairman Stanley Fischer Speaks