Important Data Releases: UK Retail Sales and German Ifo Business Survey

Friday, 22 March 2024, 05:00
The dollar is rebounding this week after the post-Fed drop, reflecting key technical movements. Equities show caution post-Wall Street's retreat, while Treasury yields continue to soften. The SNB's surprise prompts considerations on central bank rate cuts, though immediate action seems unlikely. Notable data releases include UK retail sales and German Ifo business survey, reflecting market sentiments and economic trends.
LivaRava Finance Meta Image
Important Data Releases: UK Retail Sales and German Ifo Business Survey

The Dollar's Resilience

The dollar is rebounding this week, erasing post-Fed declines and sparking technical questions in the market. Equities remain cautious, despite recent record highs, while Treasury yields show a slight retreat.

Central Bank Considerations

The SNB's surprise prompts discussions on possible central bank rate cuts in the near future. However, immediate actions are perceived as unlikely, with the Fed and ECB poised for potential moves in the coming months.

Key Data Releases Ahead

  • UK retail sales set to decrease due to soft consumption amidst high prices
  • German Ifo business survey expected to reveal ongoing sluggish conditions

Stay tuned for Germany's import prices, UK retail sales, and the CBI trends total orders releases.

Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe