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European markets expect to open higher
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US retail sales data for February
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German ZEW seen at 73.9 in March
Futures market point to a higher opening of the European cash session as vaccine concerns seem to ease. US retail sales data for February at 12:30 pm GMT is a key macro release of the day. Decline is expected following a stellar reading in January boosted by stimulus checks. Recently agreed $1,400 stimulus checks will most likely be visible in March or April data. Apart from that, German ZEW index and US industrial production data may also provide some short-term volatility.
10:00 am GMT - Germany, ZEW index for March. Expected: 73.9. Previous: 71.2
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Open account Try demo Download mobile app Download mobile app12:30 pm GMT - US, retail sales for February.
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Headline. Expected: -0.5% MoM. Previous: +5.3% MoM
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Ex-autos. Expected: -0.1% MoM. Previous: +5.9% MoM
1:15 pm GMT - US, industrial production for February. Expected: 0.3% MoM. Previous: 0.9% MoM
8:40 pm GMT - API oil inventories report. Expected: +2.7 mb
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