Major economic events to affect the trading of the British Pound for the week ending March 9th are as under:
On Monday, in United States, data on ISM non manufacturing composite was released along with data on factory orders. In United Kingdom reported its purchasing managers’ index along with official data on country’s reserves. In Australia, data on inflation was published. On Tuesday, United Kingdom reported data on house prices.
On Wednesday, United States will publish its data on mortgage applications, employment change by ADP, data on non-farm productivity, unit labor costs and data on crude oil, gasoline and distillates stockpiles by US Department of Energy. In United Kingdom, data on shop price index is to be released.
On Thursday, United States will report is weekly data on initial jobless claims and continuing claims. Data on consumer outlook and job cuts will also be published while EIA will release its data on natural gas inventories.
In United Kingdom, data on asset purchase target by Band of England will be released further the central bank will announce its decision of interest rate.
On Friday, in United States, data on average hourly earnings, household employment, underemployment rate, unemployment rate, change in manufacturing payrolls, private payroll, non-farm payrolls and country’s trade balance will be reported.
In United Kingdom, estimate on gross domestic production will be released along with data on country’s trade balance, producer price index, manufacturing production and industrial production.
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