{"id":8018,"date":"2024-03-25T07:06:24","date_gmt":"2024-03-25T07:06:24","guid":{"rendered":"https:\/\/justmarkets.eu\/uncategorized\/weeks-main-events-march-25-march-29\/"},"modified":"2024-03-25T07:07:14","modified_gmt":"2024-03-25T07:07:14","slug":"weeks-main-events-march-25-march-29","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pl\/analytics\/weeks-main-events-march-25-march-29\/","title":{"rendered":"Week&#8217;s main events (March 25 \u2013 March 29)"},"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 25 \u2013 March 29)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n\r\n <p class=\"ag-analytics_text\">\r\nOn the economic calendar, this week will be much calmer than the previous one, with Friday&#8217;s main event being the PCE core price index, the Fed&#8217;s favorite measure of inflation. It slightly accelerated in January, and forecasts suggest the core PCE rate held steady at&#160;2.8% in February, reaffirming that progress on the inflation front has stalled. Quarterly US and UK GDP data will be released on Thursday, showing how the economy is doing during high rates. Trading activity will decrease at the end of the week ahead of Good Friday.\r\n\r\n  <\/p>\r\n\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Monday, March&#160;25\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Monday, the main interest is the Asian session. First, the Bank of Japan&#160;(BoJ) will publish detailed meeting minutes at which interest rates were raised for the first time since 2007. Singapore inflation data will follow. Inflation is expected to rise annually from&#160;2.9% to&#160;3.2%. Special attention should be paid to the speeches of ECB President Christine Lagarde regarding future monetary policy plans. Currently, economists expect the first rate cut in June.\r\n  <\/div>\r\n  \r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Monetary Policy Meeting Minutes at&#160;01:50&#160;(GMT+2);<\/li>\r\n<li>\u2013 Singapore Consumer Price Index (m\/m) at&#160;07:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB President Lagarde Speaks at&#160;12:00&#160;(GMT+2).<\/li>\r\n<li>\u2013 US FOMC Member Bostic Speaks at&#160;14:25&#160;(GMT+2);<\/li>\r\n<li>\u2013 US New Home Sales (m\/m) at&#160;16:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Cook Speaks at&#160;17:20&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n  \r\n  \r\n\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Tuesday, March&#160;26\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Tuesday, investors will focus on the American session, where data on consumer confidence and durable goods orders in the United States will be published. The growth of these indicators usually leads to a strengthening of the US dollar.\r\n\r\n  <\/div>\r\n\r\n   <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n <li>\u2013 Eurozone GfK German Consumer Climate (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Durable Goods Orders (m\/m) at&#160;14:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US CB Consumer Confidence (m\/m) at&#160;17:00&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Wednesday, March&#160;27\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nInflation data in Australia will be released on Wednesday. Consumer prices are expected to rise from&#160;3.4% to&#160;3.7% annually. This could bring the Reserve Bank of Australia&#160;(RBA) back to a hawkish mood, increasing the likelihood of the first rate cut in September rather than August. Investors should also keep a close eye on the US Crude Oil Reserves. The situation in the energy market is complicated now.\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Consumer Price Index (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at&#160;17:30&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Thursday, March&#160;28\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main events on Thursday will be GDP data from the US, UK, and Canada. No significant changes are expected for the US and UK economies, while negative GDP is forecast for the UK, which will confirm that the country is in a state of technical recession. Also of interest to traders may be a report on Australian retail sales, which will show how consumers spend money during high rates. Strong data tends to support the currency and vice versa.\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Retail Sales (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK GDP (q\/q) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone German Retail Sales (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Switzerland KOF Leading Indicators (m\/m) at&#160;10:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone German Unemployment Rate (m\/m) at&#160;10:55&#160;(GMT+2);<\/li>\r\n<li>\u2013 US GDP (q\/q) at&#160;14:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada GDP (m\/m) at&#160;14:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at&#160;14:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Chicago PMI (m\/m) at&#160;15:45&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Michigan Consumer Sentiment (m\/m) at&#160;16:00&#160;(GMT+2).<\/li>\r\n<li>\u2013 US Pending Home Sales (m\/m) at&#160;16:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at&#160;16:30&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Friday, March&#160;29\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nMost financial markets will be closed on Good Friday. It&#8217;s a bank holiday in the United Kingdom, Germany, Switzerland, Norway, Australia, New Zealand, Singapore, Hong Kong and Canada. However, this does not apply to the United States and Japan financial markets. Thus, on Friday, inflation data will be published in Tokyo, a leading indicator of overall inflation in the country. No significant changes are expected compared to the previous month. The US PCE report will be published and included in the Fed&#8217;s list of inflation indicators in the American session. It is expected that the PCE index, as of last month, will be&#160;2.4% in annual terms. This will be more positive for the US dollar and negative for the US Indices, as it may push back the first rate cut from the US Federal Reserve. Also, traders should not lose sight of the speech of US Federal Reserve Chairman J. Powell on Friday.\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Tokyo Core CPI (m\/m) at&#160;01:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Japan Unemployment Rate (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Japan Industrial Production (m\/m) at&#160;02:50&#160;(GMT+2);<\/li>\r\n<li>\u2013 Japan Retail Sales (m\/m) at&#160;02:50&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Core PCE Price Index (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Daly Speaks at&#160;17:20&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Fed Chair Powell Speaks at&#160;17:30&#160;(GMT+2).<\/li>\r\n  <\/ul>\r\n\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.03.25<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\n          We 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\/pl\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (March 25 \u2013 March 29) On the economic calendar, this week will be much calmer than the previous one, with Friday&#8217;s main event being the PCE core price index, the Fed&#8217;s favorite measure of inflation. It slightly accelerated in January, and forecasts suggest the core PCE rate &#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,330],"tags":[],"class_list":["post-8018","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-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\/pl\/wp-json\/wp\/v2\/posts\/8018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/comments?post=8018"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/8018\/revisions"}],"predecessor-version":[{"id":8024,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/8018\/revisions\/8024"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/media?parent=8018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/categories?post=8018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/tags?post=8018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}