The week ahead is very thin, with little in the way of economic releases, public statements or speeches. It should be a week to reflect and analyze. If the EU can keep things under control and Iran is quiet, investors will have a bit of time to recover.

The weeks highlight a few:

In Australia, data on skilled vacancies and merchandise imports is set for release.

The Bank of England will also release the minutes of its last meeting, while data on housing starts and building approvals is due in the United States.

The European Union will release draft proposals regarding the regulation of shadow banks.

The International Monetary Fund will host high level talks at the two day China-India conference in New Delhi.

RBA Governor Glenn Stevens will speak at an investment conference in the week ahead.

Monday

The National Association of Home Builders housing market index for March will be released in the United States on Monday.

Tuesday

The RBA will release the minutes of its March policy meeting, where it kept the official cash rate on hold for the second consecutive time. Investors will watch carefully for any reflection on the expected direction that rates will take over the rest of the year. Most economists are still expecting at least one more rate cut in 2012.

US February housing starts figures and building approval data released. Economists are forecasting housing starts to be flat for the month, at around 700,000.

In the United Kingdom, February consumer price index data is awaited, alongside retail price index figures for the month.

Wednesday

The international merchandise figures for February reported by the Australian Bureau of Statistics. Also the Department of Education and Workplace Relations will release its skilled vacancies index for February.

February existing home sales figures in the US, along with the weekly Energy Information Administration petroleum status report. Analysts expect the data to show a rise in home sales of about two per cent.

Mortgage Bankers Association mortgage applications figures are also due.

Elsewhere, the Bank of England will release the minutes of its last policy meeting.

UK public sector net borrowing for February is also due.  

Also due is the highly anticipated jobless claims data is out in the US. February retail sales data is expected in the UK.

Friday

US new home sales figures for February and experts expect sales to have risen by 6,000 to 327,000.

That wraps up a quiet week around the globe.