Headlines the Economic Calendar on Tuesday

Headlines the Economic Calendar on Tuesday

Traders will focus on UK March Unemployment Rate today and it is expected to remain stable at 4.3%.  A Better than the previous realization in Unemployment Rate would be considered positive for UK economy which is expected to get hurt by the Brexit process.

German ZEW Expectation survey will be followed today. For ZEW index, any realization better than March outcome of 5.1 would be considered good for German Economic.

US Housing starts will be announced and it is a critical indicator of economic strength in the US. The market expects housing starts to rise to 1.270 mln in March from 1.236 mln.

US Building permits as another key indicator of demand in the housing market measure the change in the number of new building permits issued by the government. It is also expected to rise to 1.330 mln from 1.321 mln. The market impact would be positive for US should indicators point to a further recovery in US housing market.

Finally, Industrial production will come out in the US and the market expects industrial production to post 0.3% m/m in March.

17 Apr 18 (Tue)

06:08 am



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