What to Expect This Week


This week, in the United States, a government report is likely to show that non-farm payrolls improved in March due to Census hiring and unemployment rate probably dropped. In addition, the national purchasing managers’ index (PMI) may show further growth as manufacturing sector rebounded this month.

In the Euro Area, inflation may increase in March due to a rise in energy and food prices. Also, the unemployment rate may go slightly up because of an adjustment from previous months. In Japan, the Tankan Survey of Japanese businesses may improve as exports continue to increase. Yet, the jobless rate is likely to stay at 4.9% for the second consecutive month. In the United Kingdom, industrial production as well as exports may have rebounded in February after a weather related drop in January. In Canada, January GDP reading may show another monthly expansion. Finally, in Australia, trade deficit may improve marginally in February as an increase in commodity prices improved exports revenues.


TradingEconomics.com
3/27/2010 4:32:55 PM