Next week’s market movers

• Eurozone and US Consumer Confidence are expected to move the market on Tuesday.
• The US GDP growth rate is expected to draw the markets attention on Wednesday.
• The market is expected to shift its focus to Germany’s unemployment rate, UK’s and Canada’s GDP growth rates and Germany’s inflation data on Thursday.
• While on Friday, Japan’s unemployment rate and France’s CPI (EU normalized) rate are also set to get some attention.

In the coming week, as we approach the Catholic Easter, a plethora of financial data releases, is due out and could move the market.

On Monday, during the European morning we get France’s GDP growth rate for quarter 4 of 2017. The rate’s last reading was 0.6% on a quarter on quarter basis (qoq) and +2.5% on a year on year basis (yoy).

Any reading which would imply that the rate has accelerated in the last quarter of 2017 could support the common currency, as the French economy is the second largest in the Eurozone.

On Tuesday, during the European morning, we get Eurozone’s consumer confidence indicator for March. The indicator is forecasted to remain unchanged at +0.1. Should the forecast be realized it could be the case that the EUR could get some support as the indicator stabilizes in a positive zone.

Later, in the North American session we get the CB Consumer Confidence indicator for March. The indicator is forecasted to have a slight increase and reach 131.0 compared to previous reading of 130.8. Should the actual results meet the forecast the US Dollar could be supported somewhat as it would reach one of the highest levels in the past years.

On Wednesday…

Check out the full report by IronFX from below!

Weekly Report by IronFX March 26th – 31st