8:47 AM · 24 March 2022

Economic calendar: NATO summit, flash PMIs for March

  • European indices set to open slightly higher

  • NATO summit in Brussels

  • Flash PMIs from Europe and US

Futures markets point to a slightly higher opening of the European cash session today. Economic calendar for the day ahead looks interesting. Flash PMI indices for March from Europe and the United States will be released throughout the day. On top of that, Norges Bank is expected to announce a 25 basis point rate hike this morning. Last but not least, NATO summit will be held today in Brussels and is expected to begin around 9:00 am GMT. Traders should keep in mind that comments from NATO officials after the meeting may be the biggest movers of the day.

8:15 am GMT - France, flash PMIs for March.

  • Manufacturing. Expected: 55.1. Previous: 57.2

  • Services. Expected: 55.0. Previous: 55.5

8:30 am GMT - Germany, flash PMIs for March.

  • Manufacturing. Expected: 56.0. Previous: 58.4

  • Services. Expected: 54.3. Previous: 55.8

9:00 am GMT - Norges Bank rate decision

9:00 am GMT - NATO summit begins in Brussels

9:00 am GMT - Euro area, flash PMIs for March.

  • Manufacturing. Expected: 56.0. Previous: 58.2

  • Services. Expected: 54.1. Previous: 55.5

9:30 am GMT - UK, flash PMIs for March.

  • Manufacturing. Expected: 57.1. Previous: 58.0

  • Services. Expected: 58.9. Previous: 60.5

12:30 pm GMT - US, durable goods orders for February.

  • Headline. Expected: -0.5% MoM. Previous: +1.6% MoM

  • Ex-transport. Expected: 0.6% MoM. Previous: 0.7% MoM

12:30 pm GMT - US, jobless claims. Expected: 210k

1:45 pm GMT - US, flash PMI for March.

  • Manufacturing. Expected: 55.8. Previous: 57.3

  • Services. Expected: 56.0. Previous: 56.5

Central bankers' speeches

  • 1:10 pm GMT - Fed Waller

  • 1:50 pm GMT - Fed Evans

  • 3:00 pm GMT - Fed Bostic

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