Mumbai, March 24 -- This week, investors will closely watch a range of key economic indicators and central bank decisions across major economies. In the US, focus will be on the February PCE price indices, expected to show a 0.3% rise in both headline and core inflation. Personal spending is likely to rebound while personal income contracts. The final Q4 GDP estimate, durable goods orders, and housing market data will also be in focus. Canada's monthly GDP estimate and Mexico's trade balance and interest rate decision will be closely monitored.
In Europe, flash March PMIs for the Euro Area, Germany, and France are expected to show services expansion and moderating manufacturing contraction. Germany's Ifo business sentiment and unemployment...