Here is the list of Market Movers! Get prepared for these events and impact on the market!
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This article is originally referred from JustForex News.
Today, JustForex’s team of financial analysts has prepared a new review of events in the upcoming week.
These events can significantly affect the Forex market.
Choose and track the ones that are most important to you.
Last week, trading activity and volatility increased significantly. The meetings of the Central Banks of the USA, New Zealand and Great Britain were held. The Fed, as expected, raised the key interest rate by 25 basis points to 1.75%. The Reserve Bank of New Zealand and the Bank of England kept interest rates at the same level. The risks of a trade war between the US and China have risen again, putting pressure on the US currency.
In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.
March 26th, Monday
On Monday, the news feed will be quite calm.
We recommend you to keep track of relevant information regarding trade relations between the US and China.
March 27th, Tuesday
On Tuesday, the consumer confidence index in the US will be published at 17:00 (GMT+3:00).
Experts expect a slight indicator decrease.
March 28th, Wednesday
On Wednesday, investors will monitor economic reports from the US:
- The GDP statistics at 15:30 (GMT+3:00);
- The index of pending sales in the real estate market at 17:00 (GMT+3:00);
- Crude oil inventories at 17:30 (GMT+3:00).
March 29th, Thursday
On Thursday, we expect publication of important statistical data:
- A report on the German labor market at 11:00 (GMT+3:00);
- The UK GDP data at 11:30 (GMT+3:00);
- Statistics on individual incomes and spendings in the US at 15:30 (GMT+3:00);
- The GDP data of Canada at 15:30 (GMT+3:00).
March 30th, Friday
On Friday, most financial markets will be closed due to Good Friday.
We expect weak trading activity and volatility.
Original Source: JustForex News