THE WEEK AHEAD

Employment data will dominate the local scene this week, while the Beige Book report will catch eyes in the US.

A wave of important economic indicators is due in the week ahead, with a mixture of local and international data set to grab the attention of investors.

In local news, labour force and job advertisements data is due, along with housing finance figures.

Offshore, the US government will release its Beige Book report, its review on the country’s current economic situation.

In the corporate world, Energy Resources of Australia will release production data, while Ten Network earnings results are due.

RBA

On Wednesday, Reserve Bank of Australia head of financial stability Luci Ellis will sit on a discussion panel at the Federal Reserve Bank of Atlanta’s financial markets conference in the US.

Investors will watch closely for any reflection on the current level of interest rates, after the central bank left the official cash rate on hold last week for the third consecutive time.

Atlanta Federal Reserve president Dennis Lockhart will also sit on the panel.

Local news

On the local calendar, a mixture of important public and private indicators are set for release.

Markets will be closed on Monday for the Easter public holiday.

Tuesday brings National Australia’s Bank’s business confidence and business conditions index for March.

Job advertisement data for the same month is due from Australia and New Zealand Banking Group.

Wednesday sees the release of February housing finance data from the Australian Bureau of Statistics.

Economists are tipping the data to show a five per cent fall in property lending for the month.

February building approvals data will also be released.

Westpac Banking Corporation and the Melbourne Institute will release their consumer sentiment index for April.

On Thursday, March labour force data is due from the ABS. Analysts are tipping jobs to have risen 7,000 places in the month, forcing the jobless rate up to 5.3 per cent.

The Melbourne Institute consumer inflation expectations index and consumer unemployment expectations index for April are awaited.

Corporate

In corporate news, Tuesday sees Energy Resources of Australia release its March quarter production report.

In the US, Alcoa Inc is due to report earnings results.

On Wednesday, ERA will hold its annual general meeting.

Thursday sees Ten Network release interim earnings results. UBS analysts are expecting the group to post a $22.3 million profit.

Illuka Resources' March quarter production report is also due.

Offshore

Overseas, most Western markets will be closed on Monday for the Easter public holiday.

In Europe, Sentix investor confidence data for April will be released.

RICS housing price balance figures for March are due in the United Kingdom.

A big day in Chinese data sees the March consumer price index and producer price index released.

Tuesday sees IBD/TIPP economic optimism data for April released in the US.

In the UK, the DCLG house price index for February is awaited.

The Bank of Japan will wrap up a busy day internationally with a decision on interest rates.

On Wednesday, the US government will release its Beige Book, its report on the country’s current economic situation.

US Treasury budget data for March is also on tap, along with import and export prices data for the month and the week Energy Information Administration petroleum status report.

Weekly Mortgage Bankers Association mortgage applications are also due.

Thursday brings US international trade data for March, along with the producer price index for the month.

Economists expect the country will narrow its trade deficit in the month to $52 billion.

The core producer rate is expected to have lifted by 0.2 per cent.

Jobless claims figures will also be released.

Elsewhere, the European Central Bank will release its monthly report, while February industrial production is scheduled.

February trade balance data is due in the UK.

Friday sees consumer price index data for March released in the US, alongside the Reuters/Michigan consumer sentiment index for April.

The core measure is tipped to have grown by 0.2 per cent, according to analysts, leaving the annual rate unchanged at 2.2 per cent.

In the UK, the March producer price index is set for release.

Wrapping up

Rounding off the week, Monday sees US Federal Reserve chairman Ben Bernanke speak at the financial markets conference in Atlanta.

On Tuesday, the International Monetary Fund will publish its world economic outlook analytical chapters.

European Central Bank governing council member Miguel Ordonez will speak on the outlook for the Spanish banking system.

Dallas Federal Reserve president Richard Fisher will address the financial markets conference in Atlanta.

Federal Reserve Bank of Minneapolis president Narayana Kocherlakota to talk in Minnesota

On Wednesday, Medibank private managing director George Savvides will speak at an AMCHAM business briefing in Sydney.

National Australia Bank business banking group executive Joseph Healey will speak at a Committee for the Economic Development of Australia event in Sydney.

The IMF will publish its financial stability chapters.

Kansas City Federal Reserve president Esther George will talk on debt, deficits and financial instability.

Boston Federal Reserve president Eric Rosengren will address the Atlanta financial conference.

US Federal Reserve vice chairman Janet Yellen will speak on the economic outlook and monetary policy.

ECB executive board member Benot Coeure will speak in Europe.

On Thursday, ECB executive board member Peter Praet will speak.

Fellow member Jorg Asmussen will address the institute for New Economic Thinking.

Lockhart will moderate a forum discussing ties between the US and Mexico.

Philadelphia Federal Reserve president Hank Plosser will talk on the economic outlook.

Kocherlakota will also speak at a the White Bear Lake Area chamber of commerce.

Bank of England member Adam Posen will participate in a eurozone financial stability panel.