Economic calendar: Investors await virus-infected PMIs

Flash PMIs from Europe and the United States
US Senate still negotiates coronavirus relief package

Macro data has been overlooked by investors recently as they were focused on spreading coronavirus. However, we have come to a point when newly published data will capture the impact of coronavirus. Flash PMIs for March from Europe and the United States will be released today and they are a key point in the calendar. Apart from that, traders should keep in mind that parties in the US Senate are still negotiating a coronavirus relief package. Progress is said to be made yesterday and a meaningful vote could be held today in the afternoon.

8:30 am GMT - Germany, PMI indices for March (flash)

Manufacturing. Expected: 39.6 pts. Previous: 48 pts
Services. Expected: 42.3 pts. Previous: 52.5 pts

9:00 am GMT - Euro area, PMI indices for March (flash)

Manufacturing. Expected: 39 pts. Previous: 49.2 pts
Services. Expected: 39 pts. Previous: 52.6 pts

9:30 am GMT - UK, PMI indices for March (flash)

Manufacturing. Expected: 45 pts. Previous: 51.7 pts
Services. Expected: 45 pts. Previous: 53.2 pts

1:45 pm GMT - US, PMI indices for March (flash)

Manufacturing. Expected: 42.8 pts. Previous: 50.7 pts
Services. Expected: 42 pts. Previous: 49.4 pts

2:00 pm GMT - US, Richmond Fed index for March. Expected: -10 pts. Previous: -2 pts

2:00 pm GMT - US, new home sales for February. Expected: 750k. Previous: 764k

9:40 pm GMT - API report on oil stockpiles. Expected: 2.9 mb. Previous: -0.4 mb

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Economic calendar: Investors await virus-infected PMIs

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