The new week will be packed with economic data and decisions from key central banks.
On Monday, US retail sales for February are expected to show a rebound after a disappointing January.
Early on Wednesday, the Bank of Japan’s key interest rate will be in focus. The consensus forecast is for it to remain at 0.5%. However, be prepared for unexpected decisions and sharp comments that could affect the Yen.
The focus will shift to the US at the end of Wednesday. The Fed is not expected to make any policy changes, but the investment world will be watching closely to see when the next easing will take place.
On Thursday morning, the Swiss Central Bank will release its quarterly interest rate decision. On average, analysts are predicting a 25-point cut to 0.25%, which would be a three-year low.
On Thursday afternoon, the Bank of England will release its interest rate decision. Following February’s cut, it is expected to be unchanged this time. However, Friday’s batch of weak macroeconomic data could strengthen the position of the doves on the committee.
