Weekly Market Outlook and Key Events for 18-22 March
Sunday, 17 March 2024, 12:55
Key Events:
The Bank of Japan (BoJ) is anticipated to exit the negative interest rate policy, pushing rates higher by 10 bps. A selloff in the Yen might follow if the BoJ fails to meet expectations.
Market Anticipation:
The Reserve Bank of Australia (RBA) is likely to maintain the cash rate amidst economic challenges. An earlier interest rate cut in Canada may be influenced by the recent CPI data and wage growth trends.
Market Insights:
- The focus on US Fed's economic projections and dot plot changes will impact market sentiment.
- Major economies await the Flash PMIs results, especially the US figures.
- Central banks such as PBoC, BoE, and SNB are closely watched for possible monetary policy shifts.
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.