The economic data for the currency markets switches into slow gear as the markets look to a short trading week.

For the most part, Friday is a holiday in the NY and Frankfurt markets and trading is expected to remain thin as a result.

Over the week, economic data will be dominated by the GDP data from the U.S, the UK and Canada. The U.S. core PCE data will also be coming out this week and could shed light on the measure of inflation that the Fed uses.

In the Eurozone, the flash inflation estimates will be coming out from Spain and Germany and could give some insights into whether inflation picked in March.

UK GDP expected to remain unchanged

The final estimates for the fourth quarter GDP from the UK will be released on Thursday amid a slow trading week.

According to the economists polled, the fourth quarter GDP is expected to remain unchanged at 0.4%.

The data is unlikely to move the markets much although the British pound could be bid higher following the hawkish signal from the BoE officials at last week’s meeting.

With the Brexit transitory deal being struck, optimism is high that the UK will avoid a hard Brexit and could pave the way for a smooth exit from the EU.

Other data over the week includes the Gfk consumer confidence data and the M4 money supply data. The UK markets will be closed on Friday on account of Good Friday holiday.