FxWirePro: The Day Ahead- 28th February 2017

Lots of economic dockets and events scheduled for today and some with high volatility risks associated.

Data released so far:

• Australia: Current account balance improves to -$3.9 billion in the fourth quarter. Private sector credit grew 0.2 percent in January, up 5.4 percent from a year ago.
   
• New Zealand: ANZ business confidence declines to 16.6 in February, down from 21.7 in January. ANZ activity outlook marginally declines to 37.2 percent from 39.6 percent in January.
   
• Japan: Vehicle production is up 3.8 percent y/y in January.

Upcoming:

• Japan: Housing starts figure will be released at 5:00 GMT.
   
• France: First quarter GDP report will be released at 6:30 GMT.  Consumer price inflation and producer price inflation numbers will be released at 7:45 GMT.         
   
• Germany: Retail sales report for January will be published at 7:00 GMT.
   
• Switzerland: KOF leading indicator will be published at 8:00 GMT.
   
• Italy: Consumer price inflation numbers for February will be released at 9:00 GMT, along with wage inflation numbers.
   
• Spain: December current account balance data will be announced at 9:00 GMT.
   
• Greece: Retail sales report for December will be released at 9:00 GMT.
   
• United States: PCE price index and GDP product price index data will be announced at 13:30 GMT. S&P case Shiller home prices report for December will be announced at 14:00 GMT. Chicago PMI report will be released at 14:45 GMT, followed by consumer confidence at 15:00 GMT, along with Richmond Fed manufacturing index. FOMC member Williams is scheduled to speak at 20:30 GMT and Bullard at 23:50 GMT.
   
• New Zealand: Terms of trade report for fourth quarter will be published at 21:45 GMT.
   
• Australia: AiG performance of manufacturing index for February will be released at 22:30 GMT.