{"id":10588,"date":"2025-03-17T07:42:42","date_gmt":"2025-03-17T07:42:42","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10588"},"modified":"2025-03-17T07:42:43","modified_gmt":"2025-03-17T07:42:43","slug":"weekly-overview-2025-03-17","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/analytics\/weekly-overview-2025-03-17\/","title":{"rendered":"Week&#8217;s main events (March 17 \u2013 March 21)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (March 17 \u2013 March 21)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">This week promises to be a busy one. Investors&#8216; attention will primarily focus on the interest rate decisions of the central banks of the United States, United Kingdom, Switzerland, Japan, China, and Sweden. For the most part, only the Switzerland SNB is expected to cut the rate, while the other banks will likely maintain their monetary policy settings. Secondly, investors will focus on inflation data from Canada, Japan, the Eurozone, and Hong Kong. UK and Australian unemployment data are also expected this week, which will directly impact monetary policy.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, March 17<\/div>\r\n<div class=\"ag-analytics_title-list\">On Monday, investors&#8216; main focus will be on the data package from China. Also, on Monday, China may announce new initiatives to support domestic demand. This could support local indices as well as currencies whose countries are directly linked to China, such as NZD and AUD. In the US session, traders will focus on US retail sales data. This measure of consumer spending can influence economic growth projections.<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 China Industrial Production (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 China Retail Sales (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 China Unemployment Rate (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 US Retail Sales (m\/m) at 14:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, March 18<\/div>\r\n<div class=\"ag-analytics_title-list\">On Tuesday, Canada&#8217;s inflation report will be released. This inflation measure can influence BoC&#8217;s monetary policy decisions. The overall inflation rate is expected to jump from 1.9% to 2.2% y\/y, while the core rate is expected to rise from 2.1% to 2.2% y\/y. Also worth assessing is the median rate, which is expected to rise from 2.7% to 2.8% y\/y. The rise in the inflation rate may support the Canadian currency. Given the tariff wars, the Bank of Canada is likely to halt rate cuts indefinitely.<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 German ZEW Economic Sentiment (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ZEW Economic Sentiment (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Trade Balance (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Canada Consumer Price Index (m\/m) at 14:30 (GMT+2);<\/li>\r\n<li>\u2013 US Building Permits (m\/m) at 14:30 (GMT+2);<\/li>\r\n<li>\u2013 US Industrial Production (m\/m) at 15:15 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, March 19<\/div>\r\n<div class=\"ag-analytics_title-list\">On Wednesday, interest rate decisions are expected from the Bank of Japan and the Federal Reserve. The BoJ has previously raised rates but is anticipated to hold steady amid global economic uncertainties. The next rate hike from BoJ is expected at the July meeting (75% probability). As for the FOMC, no changes are expected at the current meeting. However, the summary of economic forecasts and the dot plot will be updated. Fed Chairman Powell spoke on March 7 and said that the economy is strong enough to allow policymakers to be cautious in the face of heightened uncertainty. Last December, the median dot was expecting two rate cuts this year. That forecast may not have changed much in the past three months. Keeping rates on hold could give confidence to the US dollar, which hit yearly lows against many other currencies last week.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Trade Balance at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 Japan BoJ Policy Rate at 05:00 (GMT+2);<\/li>\r\n<li>\u2013 Japan BoJ Monetary Policy Statement at 05:00 (GMT+2);<\/li>\r\n<li>\u2013 Japan BoJ Press Conference at 06:45 (GMT+2);<\/li>\r\n<li>\u2013 Indonesian Interest Rate Decision at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at 16:30 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Federal Funds Rate at 20:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Statement at 20:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Economic Projections at 20:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Press Conference at 20:30 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand GDP (m\/m) at 23:45 (GMT+2).<\/li>\r\n<\/ul>\r\n<\/div>\r\n<div class=\"ag-analytics_title\">Thursday, March 20<\/div>\r\n<div class=\"ag-analytics_title-list\">Thursday will also be a very exciting day. Four central bank meetings are expected. In the Asian session, the People&#8217;s Bank of China (PBoC) will publish the decision on the 1-year and five-year prime rate. It is expected to be unchanged, although many economists believe China will have to cut rates to keep the economy going. The Bank of England (BoE) is expected to maintain current rates, balancing rising inflation and higher unemployment. That said, the BoE will likely keep the door open for further cuts. The Swiss National Bank (SNB) is expected to take another step back to the zero boundary by cutting its deposit rate to 0.25% from 0.50%. The Swiss franc may temporarily come under pressure. In Sweden, the Riksbank will likely keep the rate unchanged and may announce the end of rate cuts. In addition, traders should also pay attention to the UK and Australian labor market data, which will contribute to volatility.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Unemployment Rate at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 China PBoC Prime Rate (m\/m) at 03:15 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Trade Balance (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Claimant Count Change (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Average Earnings Index (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Unemployment Rate (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Hong Kong Inflation Rate at 10:30 (GMT+2);<\/li>\r\n<li>\u2013 Sweden Riksbank Rate Decision at 10:30 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland SNB Policy Rate at 10:30 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland SNB Monetary Policy Assessment at 10:30 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland SNB Press Conference at 11:00 (GMT+2);<\/li>\r\n<li>\u2013 UK BoE Official Bank Rate at 14:00 (GMT+2);<\/li>\r\n<li>\u2013 UK BoE Monetary Policy Summary at 14:00 (GMT+2);<\/li>\r\n<li>\u2013 UK BoE Press Conference at 14:30 (GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at 14:30 (GMT+2);<\/li>\r\n<li>\u2013 US Existing Home Sales (m\/m) at 16:00 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Reserves (w\/w) at 16:30 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand Trade Balance (q\/q) at 23:45 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, March 21<\/div>\r\n<div class=\"ag-analytics_title-list\">On Friday, Japan\u2019s National Core CPI data for February will be released, indicating inflation trends. Inflationary pressures are expected to continue to build and reach 4.2% in annualized terms. The JPY may receive strength, as rising inflation will increase the probability of further rate hikes by the Bank of Japan.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan National Core CPI (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Canada Retail Sales (m\/m) at 14:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2025.03.17<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\nWe advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n<\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/de\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (March 17 \u2013 March 21) This week promises to be a busy one. Investors&#8216; attention will primarily focus on the interest rate decisions of the central banks of the United States, United Kingdom, Switzerland, Japan, China, and Sweden. For the most part, only the Switzerland SNB is &#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[328,332,335],"tags":[],"class_list":["post-10588","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/comments?post=10588"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10588\/revisions"}],"predecessor-version":[{"id":10600,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10588\/revisions\/10600"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/media?parent=10588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/categories?post=10588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/tags?post=10588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}