The global finical markets will focus on the latest minutes of Federal Reserve meeting on Wednesday , in search of more indicators about the timing of the next US interest rising.
Investors will also attended basic economic data in the US , as investors are await monthly the employment data which released on Friday . Meanwhile , in the Unites States , traders will focus on three reporters on activity in the manufacturing , construction and services sectors , in search of more indicators that the BREXIT decision will continue to affect economy .
The following are the major events this week
1. Federal Reserve Committy Meeting Minutes
Their Federal Reserve will release a report on the latest minutes of the monetary policy meeting on Wednesday at 2:00 EDT .
The United States bank raised it basic interest rate by 25 basic point after its meeting on 15 March and kept its expect for two more up rise this year . The Federal Reserve meeting is not expected to raise interest rates again until June , according to affirmative market . The future trader’s price is about 50% chance of raising interest prices rates a FED meeting in June .
2. Non-agricultural jobs report in March.
The US department of labor will release its non-agricultural reports in March at 8:30 am EDT ( 30:12 GMT ) on Friday .
Expectations are expected that data will show job growth by 18,000 after an increase of 235,000 in February , and is expected to remain ( ecl-300|| unemployment rate steady at 4.7% ) average in come is expected to rise by 0.3% per hour after rising by 0.2% in the previous month .
3. UK purchasing Manager Index for march .
The United Kingdom will release readings on manufacturing activity in March at 08:30 GMT ( 3:30 EST ) on Monday , followed by construction sector on Wednesday .
The PMI indicator is expected to rise to 55.1 from 54.6 in the previous month . Construction activity is expected slightly improve to 52.6 from 52.5 and PMI indicator to 53.5 from 53.3 last month .
4.German Factory Orders for February
Germany will publish data on German factory orders for February at 07:00 GMT (2:00 GMT) from Thursday . Data is expected to show a 4.0% rise , after a harsh lowering 7.4% in January .
In addition , the ECB is due to publish the minutes of the March monitory policy meeting on Thursday .
5.RBA policy meeting.
The Australian Federal Reserve interest rate decision is due to be released on Tuesday at 04:30 GMT.
Most economics expect that the central bank keeping interest rates unchanged at the current record level of 1.5% for the ninth meeting , and maintain its neutral stance in politics , given the convincing rise of the economy in the last quarter .
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