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30 Mar 2015
Key events on Monday - Westpac
FXStreet (Bali) - Sean Callow, FX Strategist at Westpac, breaks down the key events for Monday.
Key Quotes
"The Asian calendar is limited to Japan Feb preliminary industrial production. The market median forecast is -1.9%m/m, and declines in PMI also point to a retracement after Jan’s 3.7% print."
"In the US, we will see Feb personal income and spending. While income growth has been strengthening, personal spending has not yet followed. Feb core PCE, the measure targeted by the Fed, is expected to remain at 1.3%y/y. We will also have Feb pending home sales and Mar Dallas Fed manufacturing activity."
Key Quotes
"The Asian calendar is limited to Japan Feb preliminary industrial production. The market median forecast is -1.9%m/m, and declines in PMI also point to a retracement after Jan’s 3.7% print."
"In the US, we will see Feb personal income and spending. While income growth has been strengthening, personal spending has not yet followed. Feb core PCE, the measure targeted by the Fed, is expected to remain at 1.3%y/y. We will also have Feb pending home sales and Mar Dallas Fed manufacturing activity."