Week Ahead starting 13/3/23: ECB; UK data; Volkswagen; Deliveroo; Adobe results
Brace for an expected interest rate hike from the European Central Bank and plenty of UK data ahead of the budget. Results of note include those from Volkswagen (VOWG_p), Porsche (PSHG_p), Deliveroo (ROO) and Adobe (ADBE).
Australia & UK
From Australia, we've got consumer confidence numbers and also business confidence numbers from the United Kingdom. Unemployment numbers might give us an in-point here. Also, consumer price numbers from the US and the API crude oil inventory data out on Tuesday. WTI on Friday heading for its biggest weekly loss in five weeks due to worries about the prospect of steeper interest rate heights from the US.
Japan & China
We have the Bank of Japan minutes. That's quite crucial given that the central bank has just had its last meeting with Kuroda. Plus, look out for Chinese retail sales and industrial production. For more on Chinese data and what it means for the China's reopening play, have a look at my show on the IG platform titled 'China's reopening - surge or sag?'.
Growth & interest rates
Also on Wednesday, we've got the budget from the United Kingdom, along with the retail sales number from the US and producer prices as well, along with the EIA crude oil inventory report. Now, moving on to the latter half of the week, we've got to trade balance numbers from Japan, unemployment data from Australia, house price numbers from China, and of course that ECB interest rate decision from the eurozone.
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