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Macroeconomic calendar

Daria Bulanova, Analyst, Global Markets (Finam)

Friday, March 28, is expected to see a heavy flow of closely watched economic data.

It should be noted that exchanges in the United States, Germany, Switzerland, the UK and some other countries will be closed for Good Friday.

Japan’s March Manufacturing Index will be released at 23:13 GMT (Thursday). A little later (23:30 GMT) Japanese authorities will announce February CPI and the preliminary reading of Japan’s March industrial output comes out at 23:50 GMT.

Investors are advised to check out US personal income and spending for February at 12:30 GMT. Wall Street expects personal income to rise 0.6% m-o-m after a monthly decrease of 3.6% a month prior, and personal spending, in line with the adjusted data, to increase 0.4% m-o-m vs. a 0.2% m-o-m improvement in January.

The final reading of the University of Michigan Consumer Sentiment Index for March will be announced at 13:55 GMT. For the record, the preliminary data showed the metric stood at 71.8.