The US Philadelphia Fed survey is expected to rebound in March following the sharp drop in February. The results will give further input as to how much activity is coming back and hence how much of the weakness in January and February was due to the weather.
Consensus expects US initial jobless claims to rise slightly to 322k following last week's drop to 315k. The number of claims has generally been fairly robust despite the slowdown in January and February. Finally US existing home sales for February is due to be released. It fell sharply in January and is expected to be broadly flat at a low level in February as the bad weather continued in this month.
The EU will meet for a two-day summit in Brussels today to discuss whether to take additional action against Russia on the back of the conflict with Ukraine.
Retail sales in Denmark is due for release today.
To Read the Entire Report Please Click on the pdf File Below