European Countries and The United States Will Announce Multiple Data

SHANGHAI, Mar 28 S(MM) - This week, European countries and the United States will announce the GDP in fourth quarter of the previous year, the annual rate of the core PCE price index in the United States in February, the final reading of core PCE price index in February and the University of Michigan consumer confidence index in March. China will release manufacturing PMI in March. In addition, due to the banking crisis in Europe and the United States, the market's expectations for the Fed's subsequent interest rate hike have weakened, which may drag down the US dollar index.