It's a big week for major events on the eco calendar. Kicking oof today in the US with ...

The Federal Reserve's preferred inflation is the personal consumption expenditures price index (1230GMT)

  • Issued by the US Commerce Department
  • The March figures coming up on Monday
  • The Bloomberg survey has expected at -0.1% m/m (that's for core PCE prices m/m)
  • (while the WSJ survey of analysts has the expected at report flat)
  • Prior was +0.2% in February (the overall PCE index in February was up 2.1% y/y)

Also due from the US today, Personal Income and Spending for March (1230GMT)

  • expected 0.3% and 0.2% respectively
  • prior 0.4% and 0.1% respectively


1400GMT - ISM Manufacturing Index for April

  • expected 56.5, prior 57.2

Also 1400GMT Construction Spending for March

  • expected 0.5%, prior 0.8%