MENU

The Week In Numbers: Brexit Trigger

The UK government is expected to trigger Article 50 on Wednesday 29 March. That should start the negotiation process, between the UK and the European Union.

Staying in the UK, consumers felt less confidence in February, according to a Gfk Consumer Confidence index. They showed higher concerns about their personal finance. They were also less ready to make major purchases. The latest Gfk number will be announced on Thursday.

There are more Fed officials who are set to take the spotlight, following the rate hike this month. They include Charles Evans, which believes that the US should move gradually on interest rates and Robert Kaplan who thinks that the Fed should move deliberately and patiently.

Others that are expected to give their two pennies’ worth are Eric Rosengren, John Williams and Loretta Mester.

China will report those closely-watched Purchasing Managers Indices next week. The market is expected to remain calm provided the Manufacturing and Non-Manufacturing numbers come in comfortably above 50.

The Eurozone will report inflation numbers for March at the end of the week. Last time, core inflation was an unremarkable 0.9%. Headline inflation, which was boosted by higher energy prices, climbed to 2%, which is more concerning.

Japan has inflation numbers too. In February it was 0.4%, which was higher than 0.3% rise in December. Inflation is expected to remain relatively subdued in March, though.

 

The Motley Fool's purpose is to help the world invest, better. Click here now for your FREE subscription to Take Stock -- Singapore, The Motley Fool's free investing newsletter. Written by David Kuo, Take Stock -- Singapore tells you exactly what's happening in today's markets, and shows how you can GROW your wealth in the years ahead.

Like us on Facebook to keep up to date with our latest news and articles. The Motley Fool's purpose is to help the world invest, better. 

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.