Future look on the market from 18 to 22 of March, 2013

Is it the time to invest in gold or not?

The dollar fell against other major currencies on Friday because of U.S. inflation data which indicated that the Fed has sufficient area to continue its program of quantitative easing.

According to the U.S. Labor Department that consumer price inflation rose by 0.7% in February, bringing the annual rate of consumer inflation to 2.0%.

Core consumer prices rose, which excludes the costs of food and energy, rose 2% this year.

In December, said the U.S. central bank to cut interest rates exceptionally considered appropriate “as long as there is inflation is expected to not rise to more than 2.5%.

Sentiment also came on the dollar after data showed that consumer confidence in the State University of Michigan, fell to 71.8 in March, the lowest rate since December 2011, from the final reading for 77.6 in February.

Raised disappointing data profit-taking ahead of the Fed meeting next policy after a series of recent U.S. economic data boosted optimism about the country’s economic recovery, boosting the dollar in all areas ..

The dollar fell against the euro, with EUR / USD gaining 0.55% to close at 1.3076, up by 0.34% higher price on Friday and during the weekend. The dollar fell sharply. Against the yen by 0.83% to score 95, 31 in terms of the decline in the dollar / yen rate of 1.39% over the week ..

The sentiment on the euro remained fragile amid ongoing concerns about the economic outlook for the euro zone and the political uncertainty in Italy.

The yen is likely to remain weak for a long time amid investors awaited new monetary easing measures to be taken by the new Bank of Japan Governor Haruhiko Kuroda to fight deflation.

Elsewhere, the dollar ended the day down against the pound on Friday with high sterling briefly above 1.5150 after said Bank of England Governor Mervyn King said the fall sharp Astrlen recently has gone far enough, and added that the pound is now at the stage of economic recovery and regain his balance. “.

GBP / USD 1.5176 the highest price of the session on Friday, before settling at 1.5111, up 0.19%, for the day and 1.36% for the week.

This week investors awaited a statement on Wednesday the Fed policy, amid speculation about the end the asset purchase program sooner than expected. The remarks Federal Reserve Chairman Ben Bernanke told a news conference after the minutes of the meeting ..

Investors awaited Bank of England meeting minutes for the month of March and the annual budget statement budget, in addition to the ZEW German economic confidence, as Japan is to publish official data on the balance of trade on Thursday.

Monday, March 18

Australia is to publish official data on new car sales, a leading indicator of consumer confidence. Will

Euro zone is to publish official data on the trade balance, the difference between the value of imports and exports. Will

Later of the trading day, Canada will publish government data on the balance of foreign investment in Canadian securities.

Tuesday, March 19

The Reserve Bank of Australia will publish the minutes of recent policy meeting. The minutes of the meeting will give investors valuable insight about the economic conditions of the bank’s point of view.

United Kingdom will will publish official data on consumer price inflation, which accounts for a majority of overall inflation and data on producer price index and retail price index.

Economic Sentiment. ZEW Institute will publish its index of German economic sentiment, a leading indicator.

Canada will publish government data on manufacturing sales and wholesale sales, an indicator of economic strength.

Later in the day, the U.S. is to publish official data on building permits, a leading indicator of future construction activity, and data on housing.

Wednesday, March 20

Markets in Japan remain closed due to a national holiday.
In the euro zone, Germany will publish official data on producer price inflation and holding an auction of government bonds for 10 years.

Elsewhere in Europe, and the United Kingdom will publish government data on the change in the number of workers and the unemployment rate, a leading indicator of the economy ..

At the same time, the Bank of England will publish the minutes of the February meeting as the government will unveil its annual budget statement.

. ZEW Institute will publish a report on Swiss economic expectations.

In the United States, the Federal Reserve Board will announce the federal funds rate and publish its amended statement quarterly economic Holwaltoukat. Announcement follows a joint press conference with Chairman Ben Bernanke to discuss the Federal Reserve monetary policy and the economic outlook.

Later Wednesday, New Zealand is to publish official data on growth in the fourth quarter, the broadest indicator of economic activity and a key measure of the health of the economy.

Thursday, March 21

Elsewhere Japan is to publish official data on the trade balance. , And China will publish the preliminary reading of index HSBC Purchasing Managers manufacturing.

The euro zone is to publish preliminary data on activity in the manufacturing sector and services, while Germany and France will publish individual reports. In addition, France is to hold an auction of government bonds y s 10 years.

The UK is to publish official data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. It will also publish official data on the public sector and the private sector net borrowing and data on industrial order expectations.

Canada is to publish government data on retail sales. Will

States will the weekly government Bensraltgarir United on initial jobless claims, as well as industry data on existing home sales and official data on manufacturing activity in Philadelphia.

Friday, March 22

Australia will publish an index of leading economic indicators, designed to predict the future direction of the economy.

In the euro zone, Evo will publish the report on German business climate, a leading indicator of economic health.