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Week Ahead - Mar 16th
The war in the Middle East and its impact on energy supply will continue to dictate global markets and will play a key part in a series of rate decisions from major monetary authorities. The Federal Reserve will headline such decisions in Chair Powell’s second-to-last meeting in his term. Policy setting is also featured for G10 monetary authorities in the ECB, BoJ, BoE, SNB, RBA, BoC, and the Sveriges Riksbank, in addition to central banks in China, Brazil and Russia. Regarding economic data, key releases include the US PPI and industrial production, the Eurozone trade balance, the UK and Australian unemployment rate, and the Canadian inflation rate. Additionally, China will release its industrial production, retail sales, unemployment rate, housing prices, and fixed-asset investment.