The inflation data for March will be the key publication of this week. With the market discounting a 0.1% drop in the main figure, Ebury analysts believe that a 1% inflation would be enough to drive a modest rebound in the euro from its current position.
german retail sales
The Corner | March 31, 2015 | German and Spanish retail sales have improved markedly compared with this time last year. Unemployment figures for the euro zone are expected to fall slightly, while results of EU inflation figures will be keenly monitored in the wake of the ECB’s sovereign bond purchasing programme, launched earlier this month.
The Corner | March 3, 2015 | Retail sales in Germany beat expectations in January: they rose by 5.3% instead of the forecast 3.0%, and up from the December’s upwardly revised 4.8% rise. Spanish and German consumers are seemingly much happier about the state of the economy.