The Week Ahead - Filtering high economic events taking place on March 27 - 31 on major economies


George Lam


March 24, 2023



Min Read

Using Trading Central's "Economic Insight" investors can check out forecasts on up-coming economic data.

We are looking into the current week of March 27 - 31:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We are focusing on major economies worldwide, e.g. the U.S., China, Australia: 

On Friday (March 31), U.S. data on Core Personal Consumption Expenditure (Core PCE) Prices, from which the Federal Reserve takes reference when setting interest rates, will be released.


According to Trading Central's "Economic Insight", Core PCE Price Growth should be stable at 4.7% on year and 0.6% on month in February.

Also, Trading Central'sEconomic Insight” shows that, in the past 12 reports of Core PCE Price Growth, EUR/USD fell in 67% of times (8 out of 12 times) within one hour from the release, marking a trading range of 39.32 pips on average.

Other key economic data include:

Monday (March 27)

- German Ifo Business Climate index for March is expected to grow to 91.5

Tuesday (March 28)

- Australia's Retail Sales are expected to grow 0.5% on month in February.

- U.S. Wholesale Inventories are expected to decline 0.2% on month in February.

- U.S. Conference Board Consumer Confidence may fall to 101.0 in March.     

Wednesday (March 29)

- German GfK Consumer Confidence index is expected to tick up to -28 in April.

- U.S. Pending Home Sales are expected to grow 2.5% on month in February.

Thursday (March 30)

- U.S. Initial Jobless Claims are expected to rise to 193,000.

- German Inflation Rate for March is expected to cool down to 8.4% on year.

Friday (March 31) 

- Japan's Jobless Rate is expected to be steady at 2.4% in February.

- Japan’s Industrial Production may grow 0.4% on month in February.

- Japan’s Retail Sales could be up 0.9% on month in February.

- China's Official Manufacturing PMI may drop to 51.2 in March.

- Eurozone Inflation Rate could tick down to 7.8% on year in March.

- German Jobless Rate may rise to 5.6% in March.

- U.S. Personal Income is expected to grow 0.4% on month in February.

- U.S. Personal Spending may increase 0.5% on month in February.

- Canada GDP is expected to grow 0.3% on month in January.

Happy Trading!

Source: Trading Central Economic Insight

George Lam

Technical Analyst
George Lam is a technical analyst attached to Trading Central's Hong Kong Office. George graduated from the University of Manchester with a bachelor's degree in economics, and has been engaged in the financial analysis field in Hong Kong for about 10 years.
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