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On the U.S. economic calendar, the Conference Board is expected to report its consumer confidence index likely dropped to 94 in March from 98.3 in February. In a separate report, the Commerce Department is expected to show new home sales likely rose to 679,000 units in February from 657,000 units in January.

Federal Reserve Board Governor Adriana Kugler is expected to speak on "Economic Landscape and Entrepreneurship" before the U.S. Hispanic Chamber of Commerce 2025 Legislative Summit, in Washington. (0840/1240) Separately, Federal Reserve Bank of New York President John Williams is set to give opening remarks before the 2025 New York Fed Regional and Community Banking Conference, in New York. (0905/1305)

Hot sauce maker McCormick is expected to post a rise in first-quarter revenue, helped by improving demand for its spices and seasonings. Investors will look out for comments on demand, pricing actions, promotional activity and annual forecasts.

On the Latin American front, Mexico's January retail sales figures are scheduled for release.

(Compiled by Shreya Sabharwal in Bengaluru; Editing by Shreya Biswas)

((Shreya.Sabharwal@thomsonreuters.com;))