Here are some of the important economic data that will be the focus of the market throughout the week.
Monday (March 17, 2025)
US Retail Sales Data (8.30pm) - Examining the clues to spending situations in America, retail sales in February are predicted good after reading declined the previous month.
Tuesday (March 18, 2025)
Canada inflation data (8.30pm) - When the Central Bank of Canada is vibrant to continue interest rate cuts, new indices in the February Consumer Price Index can influence the next meeting decision.
Wednesday (March 19, 2025)
BOJ Policy Meeting (Asia Session) - The market expects the Japanese central bank to be in the transition of monetary policy tightening phases after several interest rates. Most recently, interest rates are expected to be maintained at 0.50%.
Thursday (March 20, 2025)
FOMC Meeting (2.00am) - The focus will be on the results of the FOMC meeting with interest rates expected to remain at 4.50%. Follow -up statements by the Chairman of the Federal Reserve play an important role in shaping the market direction.
Australia's employment data (8.30am) - After a positive increase in January, an increase in jobs in Australia is predicted to be slow for February. The unemployment rate is expected to be unchanged.
UK Employment Data (3.00 pm) - The Health of the Labor Sector in the UK will be evaluated through the latest job reports that will show readings for unemployment rates, average wage index and non -working interest claims.
SNB Policy Meeting (4.30pm) - Switzerland Central Bank is expected to lower interest rates by 25 base points to 0.25% from 0.50% previously. This will make the 5th consecutive interest rate cut.
BOE Policy Meeting (8.00pm) - After lowering the interest rate of 25 basis points at the February meeting, the Central Bank of England is expected to maintain the interest rate at 4.50% for the March meeting.
Friday (March 21, 2025)
Canada Retail Sales Data (8.30pm) - Spending levels in Canada will be measured on the latest retail sales report to be published at the end of the week. The monthly readings for February are expected to decline after the rising readings have been recorded in the previous month.
