This afternoon, the minutes from the 15-16 March FOMC meeting are due for release. As Fed communication after the meeting has been extensive, we do not expect any significant news, especially not since Fed chair Yellen has already set the stage with her recent speech where she repeated the concerned message from the FOMC meeting. Yellen definitely put more weight on the downside than on the upside risks to the US economy.
In Germany, we expect industrial production data for February to show that production declined 2.0% m/m in February following the extraordinarily large increase of 3.3% m/m in January.
The Polish central bank is expected to keep the key policy rate unchanged at 1.5%.
In Sweden, both Riksbank Governor Ingves and Deputy Governor Skingsley are scheduled to speak. Several data releases are due in Denmark. For more see Scandi Markets.
To read the entire report Please click on the pdf File Below