Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements – Currency Thoughts

March 28-April 3, 2026 – Currency Thoughts


Next Week’s Menu: March 28-April 3, 2026

March 27, 2026

Central Banks: Monetary stances will be reviewed in Israel, Colombia and Jamaica. Minutes from the last Reserve Bank of Australia policy review and a summary of the last Bank of Japan Board meeting get published. Goolsbee, Williams and Musalem of the Fed, Swiss National Bank President Sleijen, and ECB Governing Council member Cipollone speak publicly.

Events and Holiday: Europe goes on daylight savings time this weekend, widening their time differential with the eastern coast of the U.S. by an hour to the normal interval. The second calendar quarter begins on Wednesday. Trading will thin out sharply toward the end of the week ahead of and on Good Friday, which is among the most widely holiday of the year.

Purchasing Manager Surveys: Mostly for the manufacturing sector and mostly on Wednesday. A few service sector PMIs (Russia, China and Japan, for instance) get reported Friday.

Scheduled U.S. Data Releases: Monthly labor situation report (including unemployment, nonfarm employment and average wage earnings), retail sales, Case-Shiller and FHFA house price indices, existing home sales, Dallas Fed manufacturing index, Chicago regional PMI, consumer confidence, ADP estimate of private sector jobs growth, JOLTS report of job openings, hires and quits, and the trade deficit. Weekly jobless insurance claims, mortgage applications, chain store sales, and energy inventories.

Japanese Releases: Unemployment, industrial production, retail sales, housing starts, construction orders, consumer confidence, Tokyo consumer prices and the monetary base.

Other Asia: South Korean and Indian industrial production. Retail sales in Hong  Kong and South Korea. Indonesian and South Korean trade balances and consumer prices.

Euroland Releases: Economic sentiment, consumer confidence, consumer prices and unemployment.

Members of the Euro Area: German, Cypriot, and Slovakian consumer prices. German, French, Spanish, Italian, Cypriot and Slovakian consumer prices. French, Italian, Austrian and Cypriot producer prices. German and Italian unemployment. Spanish business confidence and current account. German import prices, French industrial production and Slovakian consumer confidence.

U.K. and Switzerland: British GDP, shop prices, mortgage approvals and M4 money growth. Swiss KOF leading economic index and consumer prices.

Nordic Europe: Swedish retail sales and Danish GDP.

Eastern Europe: Bulgarian, Hungarian and Romanian producer prices. Russian and Czech GDP. Russian CPI, corporate profits and retail sales.

Australia and New Zealand: Australian and New Zealand building permits. Australian construction PMI, trade balance and private credit expansion. New Zealand business sentiment.

Turkey and South Africa: Turkish CPI, PPI, and economic sentiment. South African and Turkish trade balances.

Canada, Brazil and Mexico: Canadian trade balance. Brazilian PPI and industrial production. Mexican business sentiment and consumer confidence.

Copyright 2026, Larry Greenberg. All rights reserved.

 

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