Monday
Consumer expectation reports are going to be getting a lot more attention than usual as businesses try to plan for their future with so much uncertainty. Consumer inflation expectations for the year ahead is expected to rise for the second straight month to 3.3%
Tuesday
At 8:30 AM, the NY Empire State Manufacturing Index is expected to fall to points to -22 which would be the lowest level since January 2024.
Wednesday
The homebuilder confidence index is out at 10:00 AM and is expected to fall to an index of 38 and earlier in the day the Euro Area is expected to show inflation slowing to 2.2% in March.
Thursday
The big day of the week starts at 8:15 AM with the European Centrsls Bank is expected to drop rates to 2.40%, this would be the lowest level since November 2022. Building permits are expected to have fallen 4% to a seasonally adjusted annual rate of 1.4M which would be the lowest level since May 2024. Housing starts are expected to have fallen 5.4% to a seasonally adjusted annual rate of 1.501M in March. Later in the day, Japan’s inflation rate is expected to hold at 3.7% in March
