Here’s what’s coming today
Feb US housing starts and permits are out at 12.30 GMT. Jan’s numbers showed a good start to the year, so we’ll see if that trend continues.
The March Michigan consumer survey is out at 14.00 GMT. A decent jump in sentiment was seen last month. Keep an eye on the inflation expectation numbers in this one. This report can be a funny one, in trading terms. Sometime’s it’s a mover and other times it’s not.
Sandwiched in between those is US industrial production for Feb, Jan JOLTS openings & Canadian manufacturing sales for Jan. For the JOLTS, the ‘quits’ is the number to look at as that’s a fair signal of folks switching jobs, which in turn can be an indication of people moving up the ladder and pay grades.
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