DATE GMT/EST EVENT
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25-Mar 2350/1850* Japan tertiary and overall activity index for January.
25-Mar 0745/0245 O* French housing starts and building permits data for Feb. to be released.
25-Mar 0750/0250 French consumer spending on manufacturing goods data for Feb. to be released.
25-Mar 0800/O*0300 Italian Mar non-EU trade balance data released.
25-Mar 0800/0300 Spanish Feb PPI data to be released.
25-Mar 0830/0330 Italian Mar. business sentiment data released.
25-Mar n/a Germany state CPI data releO*ases likely. Pan-German CPI and HICP data may be released.
25-Mar 0930/0430 U.K. car production data for Feb. to be released.
25-Mar n/a Belgium to sell 5.75% coupon debt matO*uring March 2008 and 4.50% coupon debt maturing Sept. 2013.
25-Mar 1245/0745 U.S. BTM-UBSW store sales for March 22 week.
25-Mar 1330/0830 Kansas City Federal Reserve Bank PresidentO* Thomas Hoenig to address the Kansas City Cham- ber of Commerce.
25-Mar 1345/0845 Federal Reserve Gov. Ben Bernanke to partici- pate in a panel discussion on monetaryO* policy at the National Association of Business Econo- mics conference in Washington. Audience Q&A expected.
25-Mar 1355/0855 U.S. Redbook average for March 22 week.
O* 25-Mar 1430/0930 Office of the Comptroller of the Currency to brief on the condition of the U.S. banking in- dustry in the fourth quarter of 2002, in Wash- ington.
2O*5-Mar 1440/0940 Deadline for weekly tenders on $2 billion in U.S. Freddie Mac 3-month Reference Bills and $3.5 billion in 12-month bills.
25-Mar 1500/1000 U.S. existing home sales for O*February and Conference Board consumer confidence for March.
25-Mar n/a President Bush to visit the Pentagon, speak about administration's war spending supplemen- O* tal budget request.
25-Mar 1730/1230 Federal Reserve Governor Mark Olson to speak about banking regulation at the North Carolina Bankers Association Conference in Greensboro, O* North Carolina. Audience Q&A expected.
25-Mar 1800/1300 U.S. Treasury Secretary John Snow to speak to the National Association of Business Economics conference in Washington.
O*25-Mar 1800/1300 Congressional Budget Office Director Douglas Holtz-Eakin to testify on FY 2004 budget report to House Budget Committee, in Washington.
25-Mar 1800/1300 Deadline for weeO*kly tenders on $23 billion in U.S. Treasury 4-week bills.
25-Mar 1800/1300 Treasury Assistant Secretary for Financial Institutions Wayne Abernathy to speak at the GiO*nnie Mae Investors' Symposium in New York.
25-Mar 2030/1530 Mexico global economic activity for January.
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26-Mar 2350/1850* Japan trade balance for February and capital flows data for March 21 week.
2O*6-Mar n/a Germany to sell E7.0 billion in new Schatz debt maturing March 2005.
26-Mar 0830/0330 Italian Mar. service sector sentiment released.
26-Mar 0900/0400 Ifo Mar index for west German buO*siness sentiment to be released.
26-Mar 0900/0400 EMU current account and capital flows data for January to be released by the ECB.
26-Mar 0930/0430 U.K. revised Q4 business invesO*tment data to be released.
26-Mar 1200/0700 ECB Governing Council member and Bundesbank President Ernst Welteke to hold news conference in Frankfurt on Bundesbank'sO* 2002 results.
26-Mar 1200/0700 U.S. MBA applications survey for March 21 week.
26-Mar 1230/0730 U.S. building permits revision for February.
26-Mar 1300/0800 Atlanta Federal Reserve Bank President Jack O* Guynn to speak about the U.S. economic outlook at a University of Tampa conference, in Tampa, Florida. Audience Q&A expected.
26-Mar 1330/0830 U.S. durable goods orders for February.
O*26-Mar 1500/1000 U.S. new home sales for February.
26-Mar n/a U.S. Fannie Mae to sell $2 billion in 5-year notes, $4 billion in 10-year notes, $4 to $8 billion in 3-month bills, O*$1.5 to $4 billion in 6-month bills and $1.5 to $4 billion in 12-mo. bills.
26-Mar n/a ABC/Money Magazine weekly survey of U.S. consu- mer sentiment.
26-Mar O* 1700/1200 Swiss National Bank Vice Chairman Bruno Gehrig to speak in Hamburg, Germany.
26-Mar 1800/1300 Deadline for tenders on $27 billion in U.S. Treasury 2-year notes.
26-Mar 1O*820/1320 Federal Reserve Governor Mark Olson to speak about corporate governance at the University of Virginia, in Charlottesville. Audience Q&A ex- pected.