{"id":7908,"date":"2024-03-04T07:50:57","date_gmt":"2024-03-04T07:50:57","guid":{"rendered":"https:\/\/justmarkets.eu\/uncategorized-es\/weekly-overview-2024-03-04\/"},"modified":"2024-03-04T07:50:57","modified_gmt":"2024-03-04T07:50:57","slug":"weekly-overview-2024-03-04","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2024-03-04\/","title":{"rendered":"Week’s main events (March 4 – March 8)"},"content":{"rendered":"\r\n
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Week’s main events (March 4 – March 8)<\/h1>\r\n
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It will be a volatile week. The main event this week for investors will be the US nonfarm payrolls. Signs of cooling in the US labor market may increase the likelihood of a rate cut from the Fed in late April. The Bank of Canada\u00a0(BoC) and the European Central Bank\u00a0(ECB) will meet this week. Both banks are expected to keep rates unchanged, so the focus will be on the bank’s inflation forecasts and officials’ press conference speeches. Before Friday’s jobs report, Jerome Powell\u00a0(US Fed Chair) will appear before a House committee on Wednesday and a Senate panel on Thursday to present the central bank’s report on monetary policy. Given recent data pointing to the economy’s strength, Powell is expected to reiterate that policymakers will take a cautious approach when deciding whether to start cutting interest rates.<\/p>\r\n

Monday, March\u00a04<\/div>\r\n
On Monday, traders will mainly focus on the Swiss inflation data. Inflationary pressures are expected to fall from\u00a01.3% to\u00a01.1% annually. Lower inflation may put pressure on the Swiss franc, increasing the likelihood of a rate cut by the SNB. Volatility on currency pairs with the CHF will increase.<\/div>\r\n
Main events of the day:<\/div>\r\n