Last week, US consumer inflation increased to 7.9% in annual terms, the highest level since 1982. The Fed has made it clear that it intends to raise interest rates by a quarter-point to combat rising inflation. No more rate hikes of more than half a percentage point are expected as Russia's invasion of Ukraine has sent commodity prices soaring and caused significant uncertainty in financial markets. This week, investors' attention should be focused on the FOMC meeting, inflation data in the Eurozone, Canada, and Japan, as well as monetary policy reports from the central banks of England, Australia, and Japan. The Bank of England is expected to raise rates again by a quarter-point. Investors will also focus on reports from the International Energy Administration and the Organization of Petroleum Exporting Countries. The war and sanctions against Russia have pushed oil prices to a 14-year high, and natural gas prices are close to record highs.
- – Australia RBA Meeting Minutes (m/m) at 02:30 (GMT+2);
- – China Retail Sales (m/m) at 04:00 (GMT+2);
- – China Industrial Production (m/m) at 04:00 (GMT+2);
- – China Unemployment Rate (m/m) at 04:00 (GMT+2);
- – UK Average Earnings Index (m/m) at 09:00 (GMT+2);
- – UK Claimant Count Change (m/m) at 09:00 (GMT+2);
- – UK Unemployment Rate (m/m) at 09:00 (GMT+2);
- – German ZEW Economic Sentiment (m/m) at 12:00 (GMT+2);
- – Eurozone ZEW Economic Sentiment (m/m) at 12:00 (GMT+2);
- – Eurozone Industrial Production (m/m) at 12:00 (GMT+2);
- – US Producer Price Index (m/m) at 14:30 (GMT+2);
- – US NY Empire State Manufacturing Index (m/m) at 14:30 (GMT+2).
- – Japan Industrial Production (m/m) at 06:30 (GMT+2);
- – US Retail Sales (m/m) at 14:30 (GMT+2);
- – Canada Consumer Price Index (m/m) at 14:30 (GMT+2);
- – US Crude Oil Reserves (w/w) at 16:30 (GMT+2);
- – US FOMC Meeting Minutes at 20:00 (GMT+2);
- – US Fed Interest Rate Decision at 20:00 (GMT+2);
- – US FOMC Press Conference at 20:30 (GMT+2);
- – New Zealand GDP (q/q) at 23:45 (GMT+2).
- – Australia Unemployment Rate (m/m) at 02:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 11:30 (GMT+2);
- – Eurozone Consumer Price Index (m/m) at 12:00 (GMT+2);
- – UK BoE Interest Rate Decision at 14:00 (GMT+2);
- – UK BoE Monetary Policy Summary at 14:00 (GMT+2);
- – US Building Permits (m/m) at 14:30 (GMT+2);
- – US Initial Jobless Claims (w/w) at 14:30 (GMT+2);
- – US Philadelphia Fed Manufacturing Index (m/m) at 14:30 (GMT+2);
- – US Industrial Production (m/m) at 15:15 (GMT+2);
- – US Natural Gas Storage (w/w) at 16:30 (GMT+2).
- – Japan National Core Consumer Price Index at 01:30 (GMT+2);
- – Japan BoJ Interest Rate Decision at 04:30 (GMT+2);
- – Japan BoJ Monetary Policy Statement at 05:00 (GMT+2);
- – Japan BoJ Press Conference at 08:30 (GMT+2);
- – Canada Retail Sales (m/m) at 14:30 (GMT+2);
- – US Existing Home Sales (m/m) at 16:00 (GMT+2);
- – US FOMC Member Bowman Speaks at 21:00 (GMT+2).
by 2022.03.14
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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