Important upcoming events and publications on March 29:
11:55 Unemployment in Germany decreases almost continuously for almost five years, and the unemployment rate at historic lows. However, recent consumer price data and business sentiment indicate a deterioration in the economy, which may affect employment rates.
12:30 Britain will publish quarterly balance of payments statistics and a final estimate of GDP in the fourth quarter. The British pound has been recently influenced by news on Brexit, but important data can also affect the course of trading in pairs with GBP.
15:30 Canada’s GDP showed a slowdown in growth year-on-year, but from fresh January data it is expected to increase from 1.1% y / y to 1.5% y / y. Significant deviations from expectations can influence the course of trading in pairs with CAD.
17:00 Sales of new homes in the United States are an important indicator of consumer confidence and a significant component of economic growth. February is expected to increase sales from 607 to 625 thousand.
A parliamentary vote on Brexit could be May’s third attempt to get approval for an EU-agreed plan. However, the British government reports that the voting agenda is still under discussion.