This week, traders’ attention will be focused on the Fed’s first meeting, chaired by Jerome Powell. Besides, investors will be interested in G20 in summit that will start in Buenos Aires on Monday; the Monetary Policy statements of the Bank of England and the Reserve Bank of New Zealand; the data on Eurozone private sector economic development, and, of course, in the European Council summit, its start is scheduled for March 22.
Monday, March 19. Finance ministers and central banks presidents of twenty world leading countries will start G20 Buenos Aires summit.
Tuesday, March 20. The Reserve Bank of Australia will release its last meeting’s minutes, the data on House Price Index changes will be reported. Besides, the data on UK inflation will be published, as well as ZEW survey of German Economic Sentiment. G20 summit continues on Tuesday.
Wednesday, March 21. Japan’s financial markets won’t work due to the holiday, however, investors will be interested in the release of the reports on UK employment data and the US Existing Homes Sales. The day’s highlight will be the Fed Interest Rate Decision, followed by the Fed Monetary Statement and the publication of monetary policy report, where the Fed will review the economic factors, having an impact on the monetary policy.
Thursday, March 22. The Reserve Bank of New Zealand will release its Interested Rate Decision, as well as the RBNZ Rate Statement. Besides, there will be published the monthly report on Australia’s employment, the data on the Eurozone Manufacturing PMI and Service PMI, and the UK Retail Sales on Thursday. The the Bank of England Monetary Policy summary, and the data on the US Initial Jobless Claims will be published the same day.
Friday, March 23. The will be the reports on Canada’s Retail Sales and inflation. The week will be finished with the reports on the US Durable Goods Orders and New Home Sales