Holiday-Shortened Week Impacts Global Markets

Thursday, 28 March 2024, 04:02

As markets observe a holiday period, expect a more subdued trading environment leading up to the weekend. Attention is on the US markets staying open, but the spotlight may shift to Japanese markets with potential surprises. Notable events include PCE price index release and insights from Fed chair Powell, alongside the USD/JPY pair dynamics. Traders are cautious amidst lower liquidity, anticipating possible market movements post-holiday.
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Holiday-Shortened Week Impacts Global Markets

Market Outlook During the Holiday Week

Given the holiday, market conditions are expected to be quieter as the week ends. US markets will remain open, but focus may shift to Japanese markets. Japanese officials could provide surprises amidst caution for post-holiday trading. USD/JPY is currently trading around 151.35 after testing recent highs.

Key Points:

  • US markets open during holiday
  • Japanese markets may offer surprises
  • Traders cautious amidst lower liquidity

Watch out for potential market movements towards the recent highs on resumption of full trading next week.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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