آگے ہفتہ – ECB کھیل رہا ہے کیچ اپ

آگے ہفتہ – ECB کھیل رہا ہے کیچ اپ

ماخذ نوڈ: 2004249

US

The labor market is still strong but is showing signs it is ready to soften as wages cool.  Wall Street will pay close attention to the February inflation report.  Disinflation trends are struggling here and a hot report could not only lock the Fed into boosting their hiking pace but possibly lead markets into expecting a higher peak rate.  Headline inflation is expected to slow from 6.4% to 6.0%.  The monthly inflation rate is expected to edge lower from 0.5% to 0.4%, while the core reading is expected to hold steady at the 0.4% pace. 

While the inflation report will get the majority of the attention, traders should also pay close attention to the February retail sales data which should show consumer spending is weakening.  Housing data is expected to remain weak, while a couple of Fed regional surveys (Empire/Philly) should show manufacturing data remains deeply in contraction territory. Friday’s release of consumer sentiment is expected to hold steady, while many traders will pay close attention to see if inflation expectations continue to retreat. 

With the Fed’s blackout period quickly approaching, only Bowman will make an appearance on Tuesday at the Community Bankers Event in Hawaii. 

یوروزون

The ECB is widely expected to raise interest rates by 50 basis points on Thursday but it’s what comes next that investors will be most interested in. This makes the new economic projections that are released alongside the decision, and the press conference, arguably the most important things to watch out for.

UK

Labor market figures on Tuesday are the standout release next week but it’s the spring budget a day later that people may be most interested in. The fact that the UK is not already in recession will come as a big surprise to many and one of the benefits of that may be a little extra fiscal headroom for the Chancellor. Unfortunately, giveaways may be few and far between for a number of reasons that may make holding off more appealing to the government. 

روس

The CBR is expected to leave interest rates unchanged at 7.5% on Friday. Inflation has been declining but remains far above target which may encourage the central bank to stay on hold for now. 

جنوبی افریقہ

It’s a little light on economic data next week with manufacturing production and retail sales the only notable indicators on Tuesday and Wednesday, respectively. 

ترکی

اگلے ہفتے کوئی بڑا ڈیٹا یا واقعات نہیں۔ 

سوئٹزرلینڈ

It’s a little quiet next week but the focus will remain on what the SNB will do on 23 March, especially after the inflation overshoot in February. Markets are still pricing in 50 basis points with a small chance of 75.

چین

The National People’s Congress (NPC) has made a more conservative forecast of 5.0% GDP growth in 2023. Recent economic data has shown a strong recovery in the economy, confirming expectations for an early recovery but softening expectations for fiscal and monetary stimulus. The lifting of the zero-Covid policy has led to a surge in business activity, reduced operational interruptions, and robust data on commercial activities. 

Powell’s testimony this past week lifted the US dollar against the Chinese yuan pushing the pair close to the psychological level of 7.0000 which may attract attention once more. 

Focus next week will remain on the data including retail sales, industrial production, fixed asset investment, and unemployment.

بھارت

Markets are pricing in one more rate hike in the tightening cycle at the next meeting on 6 April but next week’s inflation data could change that. Recent trends around the world have seen more rate hikes being priced in and India is no exception after the inflation jump in January. If it doesn’t prove to be an anomaly, further hikes could be priced in.

آسٹریلیا اور نیوزی لینڈ

Next week offers the Australian unemployment rate, employment change, and change in full-time employment on Thursday. From New Zealand, we’ll get fourth-quarter GDP data on Wednesday and we’ll also hear from Assistant Governor, Karen Silk on Sunday

جاپان

There isn’t much on the agenda next week, with the minutes of the Bank of Japan’s January monetary policy meeting on Wednesday arguably the highlight. Minutes are often viewed as being outdated but nowhere is this more true than in Japan, where those of the January meeting are released after the March meeting has taken place. For that reason, it would take something extraordinary for them to have a big impact on the markets. 

Kazuo Ueda, the new governor of the BoJ who will take office in April, recently stated that it is not a good time to abandon the current policy considering the current economic environment. He supports its continued commitment to massive quantitative easing and is not expected to significantly adjust the yield curve control, which has limited the attractiveness of the yen.

سنگاپور

Unemployment data on Monday is the only economic release this upcoming week.


اقتصادی کیلنڈر

اتوار، مارچ 12

اقتصادی واقعات

New Zealand Food Prices

جاپان بی ایس آئی مینوفیکچرنگ انڈیکس

پیر، مارچ 13

اقتصادی ڈیٹا/واقعات

انڈیا سی پی آئی 

میکسیکو صنعتی پیداوار

New Zealand REINZ House Sales

Australia Westpac Consumer Conf, NAB Business Confidence

BOE’s Dhingra speaks

منگل، مارچ 14

اقتصادی ڈیٹا/واقعات

Fed’s Bowman Speaks at Community Bankers Event in Hawaii

UK Claimant Count Rate, Jobless Claim Change, ILO Unemployment Rate

Swiss Producer and Import Prices

Italy Industrial Production

India Wholesale Prices

South Africa Mining Data

BoJ Minutes of January Meeting

BoJ Outright Bond Purchases

Riksbank in hearing on the annual report, monetary policy

بدھ، مارچ 15

اقتصادی ڈیٹا/واقعات

US Empire Manufacturing, Retail Sales, PPI, NAHB Housing Market Index, MBA Mortgage Applications, Business Inventories, Net Long-term TIC flows

China PBOC 1-year MLF Rate, Industrial Production, Retail Sales, Fixed assets, Nw Home Prices 

UK Chancellor Hunt delivers annual budget

EIA خام تیل کی انوینٹریز

سویڈن سی پی آئی 

فرانس سی پی آئی

پولینڈ سی پی آئی

Italy Unemployment Rate, General Government Debt

جنوبی افریقہ خوردہ فروخت 

India Trade Data

نیوزی لینڈ جی ڈی پی 

آسٹریلیا میں ملازمت کی تبدیلی

جمعرات، مارچ 16

اقتصادی ڈیٹا/واقعات

US Initial Jobless Claims, Philly Fed Business Outlook, Import and Export Prices, Housing Starts, Building Permits

Canada Wholesale Trade Sales

ECB Rate Decision: Expected to raise Main Refinancing Rate by 50bps to 3.50% 

ECB President Lagarde holds a post-rate decision press conference

BOE releases Ipsos inflation survey 

Japan Industrial Production

Sweden Prospera’s Inflation Expectations Survey

Czech Current Account

Poland Current Account

Swiss SECO March Forecasts

New Zealand Q4 GDP 

Riksbank Business Survey, Floden speaks

UK OBR briefs on budget

Japan Trade Balance

آسٹریلیا میں ملازمت کی تبدیلی

Singapore Non-Oil Domestic Exports

جمعہ، مارچ 17

اقتصادی ڈیٹا/واقعات

US Industrial Production, Leading Index, University of Michigan Sentiment,

Canada Industrial Product Price

Eurozone CPI, OECD Publishes Interim Economic Outlook

Sweden Unemployment Rate

بیکر ہیوز رِگ کاؤنٹ

Russia central bank (CBR) rate decision: Expected to keep rates steady at 7.50%

خود مختار درجہ بندی کی تازہ ترین معلومات

ترکی (فچ)

بیلجیم (ایس اینڈ پی)

سپین (ایس اینڈ پی)

یہ مضمون صرف عام معلومات کے مقاصد کے لیے ہے۔ یہ سرمایہ کاری کا مشورہ یا سیکیورٹیز خریدنے یا بیچنے کا حل نہیں ہے۔ آراء مصنفین ہیں؛ ضروری نہیں کہ OANDA کارپوریشن یا اس کے کسی ملحقہ، ماتحت اداروں، افسران یا ڈائریکٹرز کا ہو۔ لیوریجڈ ٹریڈنگ زیادہ خطرہ ہے اور سب کے لیے موزوں نہیں ہے۔ آپ اپنے جمع کردہ تمام فنڈز کھو سکتے ہیں۔

کریگ ایرلم

لندن میں مقیم، کریگ ایرلم نے 2015 میں OANDA میں بطور مارکیٹ تجزیہ کار شمولیت اختیار کی۔ مالیاتی مارکیٹ کے تجزیہ کار اور تاجر کے طور پر کئی سالوں کے تجربے کے ساتھ، وہ میکرو اکنامک کمنٹری تیار کرتے ہوئے بنیادی اور تکنیکی تجزیہ دونوں پر توجہ مرکوز کرتا ہے۔ ان کے خیالات فنانشل ٹائمز، رائٹرز، دی ٹیلی گراف اور انٹرنیشنل بزنس ٹائمز میں شائع ہو چکے ہیں اور وہ بی بی سی، بلومبرگ ٹی وی، فاکس بزنس اور اسکائی نیوز پر باقاعدہ مہمان مبصر کے طور پر بھی نظر آتے ہیں۔ کریگ کے پاس تکنیکی تجزیہ کاروں کی سوسائٹی کی مکمل رکنیت ہے اور اسے تکنیکی تجزیہ کاروں کی بین الاقوامی فیڈریشن نے ایک مصدقہ فنانشل ٹیکنیشن کے طور پر تسلیم کیا ہے۔
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