FxWirePro: The Day Ahead- 7th March 2017

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

Data released so far:

• Australia: RBA kept interest rate steady at 1.5 percent.
   
• United Kingdom: BRC like for like retail sales declined by 0.4 percent in February.

Upcoming:

• Germany: Factory orders report for January will be published at 7:00 GMT.
   
• France: January budget details will be published at 7:45 GMT.
   
• Switzerland: February forex reserve numbers will be updated at 8:00 GMT.
   
• United Kingdom: Halifax house price report for February will be released at 8:30 GMT.
   
• Italy: Producer price inflation report for January will be published at 9:00 GMT.
   
• Eurozone: Fourth quarter GDP report will be published at 10:00 GMT.
   
• United States: Trade balance number for January will be reported at 13:30 GMT, followed by TIPP economic optimism report at 15:00 GMT and consumer credit report at 20:00 GMT.
   
• Canada: IVEY PMI for February will be released at 15:00 GMT.
   
• New Zealand: Manufacturing sales report for the fourth quarter will be made available at 21:45 GMT. The global dairy auction is scheduled today.
   
• Japan: First quarter GDP report will be published at 23:50 GMT, along with trade balance report for January.