The Week Ahead

Here is what to expect in the week ahead.

Calendar Icon   Monday, 29th March 2021

Australia:

➡️ Tuesday
• Weekly consumer sentiment index (March 28) From ANZ and Roy Morgan
• Weekly payroll jobs & wages (March 13) Payrolls are 0.2% below pre-pandemic levels

➡️ Wednesday
• Engineering construction (December quarter) Work done is up 1.9% from a year ago
• Private sector credit (February) Credit could lift 0.2%
• Building approvals (February) Approvals are up 19% from a year ago

➡️ Thursday
• Purchasing managers’ indexes (March) Factory activity from AiGroup and IHS Markit
• CoreLogic home value index (March) Home prices may have risen over 2%
• Job vacancies (February) At record highs in November 2020
• International trade (February) A record trade surplus was posted in January
• Retail trade (February) Preliminary spending fell by 1.1%
• Lending indicators (February) Record home lending

Overseas:

➡️ Monday
• US Dallas Fed manufacturing index (March) Could lift from 17.2 to 18 points

➡️ Tuesday
• S&P/Case-Shiller home prices (January) Home prices are up 10.1% on a year ago
• US FHFA house price index (January) The index is tipped to lift 1.3%
• US consumer confidence index (March) From the Conference Board

➡️ Wednesday
• China purchasing managers’ indexes (Mar.) Activity is expected to pick up in March
• US ADP employment change (March) 485,000 private sector jobs could be added
• US Pending home sales (February) Home sales may have fallen 2.5%

➡️ Thursday
• China Caixin manufacturing index (March) Factory activity has expanded for 12 months
• US Challenger job cuts (March) Planned job cuts fell 57% in February
• US Construction spending (February) Spending is tipped to fall 0.7%
• US ISM manufacturing index (March) Expected to ease from 60.8 to 60.5

➡️ Friday
• US Non-farm payrolls (March) Around 580,000 jobs could be added.