Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Wednesday throws up a full schedule of data, with German and Spanish inflation the highlights of the European session.
Early European trade will see Swedish retail sales released at 0700BST, followed by Spanish flash inflation for March and the Swiss KOF indicator at0800GMT.
Euro area inflation outlook
Spain's harmonized CPI is expected to rise 2.7% mm and 8% y/y (7.6% Feb) as the surge in Euro Area inflation continues. The increase in March is likely to be the first reflection of the early impacts of the war in Ukraine.
German state inflation will also be released Wednesday, mainly Bavaria at 0900BST and Saxony at 1000BST. German federal inflation will follow at 1300BST, with analysts looking for an increase in HICP to 6.5% from 5.5% in February.
Consumer sentiment lower
The Swiss KOF indicator for March is likely to be the latest consumer confidence data to show a sharp downturn as the Ukraine warn and higher prices weigh on sentiment. Expectations are for a fall to 101.0 from 105.0 in February.
Eurozone and wider EU confidence indicators are due at 1000BST and will confirm the slump in sentiment seen in the flash release to -18.7 from -8.8 in Feb.
US GDP
The main US release will be the final read of U.S. GDP, which will likely confirm the annualized 7.2% growth in Q4.
Main policymaker appearances Wednesday include ECB President Christine Lagarde, BOE Deputy Governor Ben Broadbent, Richmond Fed President Tom Barkin and Kansas City Fed head Esther George.
| Date | GMT/Local | Impact | Flag | Country | Event |
| 30/03/2022 | 0600/1400 | ** |  | CN | MNI China Liquidity Suvey |
| 30/03/2022 | 0600/0800 | ** |  | SE | Retail Sales |
| 30/03/2022 | 0700/0900 | *** |  | ES | HICP (p) |
| 30/03/2022 | 0700/0900 | * |  | CH | KOF Economic Barometer |
| 30/03/2022 | 0800/1000 | * |  | IT | Industrial Orders |
| 30/03/2022 | 0800/1000 | *** |  | DE | Bavaria CPI |
| 30/03/2022 | 0800/1000 |  | EU | ECB Lagarde Speech at Central Bank of Cyprus | |
| 30/03/2022 | 0810/0910 |  | UK | BOE Broadbent Speaks at NIESR | |
| 30/03/2022 | 0900/1100 | ** | | EU | Economic Sentiment Indicator |
| 30/03/2022 | 0900/1100 | * | | EU | Consumer Confidence, Industrial Sentiment |
| 30/03/2022 | 0900/1100 | * | | EU | Business Climate Indicator |
| 30/03/2022 | 0900/1100 | *** | | DE | Saxony CPI |
| 30/03/2022 | 1100/0700 | ** |  | US | MBA Weekly Applications Index |
| 30/03/2022 | 1200/1400 | *** | | DE | HICP (p) |
| 30/03/2022 | 1215/0815 | *** | | US | ADP Employment Report |
| 30/03/2022 | 1230/0830 | *** | | US | GDP (3rd) |
| 30/03/2022 | 1315/0915 | | US | Richmond Fed's Tom Barkin | |
| 30/03/2022 | 1415/1615 | | EU | ECB Panetta Hearing on Digital Euro at ECON | |
| 30/03/2022 | 1430/1030 | ** | | US | DOE weekly crude oil stocks |
| 30/03/2022 | 1530/1130 | * | | US | US Treasury Auction Result for Cash Management Bill |
| 30/03/2022 | 1700/1300 | | US | Kansas City Fed's Esther George |
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.