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Heavy event/data risk week ahead

Posted on March 30, 2009 at 2:16 in Starting the day by David Aranzabal

Good morning everybody,

Just remember in Europe we are in daylight savings. For more information please read this article.

We’ve got a busy week ahead, plenty of data releases, most of them Hi-impact.

G20 meeting on Thursday and US non-farm payrolls/employment reports on Friday are the most expected.

Prior to that, we have the ECB meeting on Thursday with latest surveys suggesting a market preference for a 50bp rate cut to 1%. Japan’s Q1 tankan survey tomorrow is expected to remain soft.

ISM manufacturing and GBP Halifax on wednesday can move the market as well, so fasten your seat belts!

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