There are indeed a number of important economic events to watch out for next week


March 17 (Monday): The monthly rate of retail sales in the United States in February and the New York Fed manufacturing index in March will be released, which can reflect the recent performance of the consumer market and manufacturing industry in the United States, and have important reference value for judging the economic situation of the United States. In addition, Nvidia will hold the GTC conference (until March 21), where Nvidia CEO Jensen Huang will give a speech, and the market is looking forward to the company's next-generation chips and other related products, as well as its progress in the field of quantum computing.
Tuesday, March 18: Germany/Eurozone ZEW Economic Sentiment Index for March, Eurozone SA Trade Balance for January, Canada CPI for February, and US Import Price Index for February are released. The ZEW Economic Sentiment Index can reflect the market's expectations for the future direction of the German and Eurozone economies, while other data can help understand the trade, inflation and other conditions of the relevant countries and regions.
Wednesday, March 19:
Bank of Japan Interest Rate Decision: The Bank of Japan is widely expected to keep interest rates unchanged to assess the impact of its January rate hike, with a focus on whether continued yen weakness, high inflation and strong wage gains will open the door to a rate hike in May. Bank of Japan Governor Kazuo Ueda will also hold a monetary policy press conference, from which investors can look for clues on the path of interest rate hikes.
Eurozone final CPI for February released: This data can further accurately reflect the inflation level in the euro area, which is of great significance for judging the direction of monetary policy in the euro area.
Thursday, March 20:
Fed FOMC Releases Summary of Interest Rate Decision and Economic Expectations: The Fed is widely expected to leave the federal funds rate unchanged at 4.25%-4.5%, but investors are focused on the possibility of a rate cut later this year and will look for signals from the meeting that the Fed is ready to act.
Fed Chair Powell Holds Monetary Policy Press Conference: Powell's speech is crucial, as his remarks may have an impact on market expectations for the number of rate cuts the Fed will take this year.
The central bank announced the interest rate decision: the market expects the central bank to keep interest rates unchanged in the short term, although inflation has fallen from the peak, the core CPI is still high, the price of the service industry has risen, and the fiscal austerity policy of the British government has caused companies to lay off employees and raise prices, and the wage growth rate is twice as high as inflation, and the central bank of England is facing a choice in the tug-of-war between inflation and recession.
SNB, Riksbank interest rate decisions: It is expected that many central banks will choose to stay put, but their decisions will still have an impact on their economies and financial markets.
Friday 21 March: Japan's February CPI data, UK's March Gfk consumer confidence, Eurozone's preliminary March consumer confidence index, and Eurozone's seasonally adjusted current account for January will be released.
GTC4.82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)