Mark Your Calendars: Key Economic Events Happening This Week (March 18th - 22nd)

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Get ready for a busy week on the economic front! From central bank decisions to inflation reports, here's a breakdown of some of the most important events happening globally that could impact financial markets:

Monday, March 18th:

China: We'll get a glimpse into the health of China's economy with the release of their February unemployment rate and industrial production volume data.

EU: Looking at Europe, the EU's Consumer Price Index (CPI) for February will shed light on inflation levels across the continent.

Tuesday, March 19th:

EU: Keep an eye out for the EU's ZEW Economic Sentiment Index for March. This index gauges investor confidence in the Eurozone economy.

USA: Across the pond, the US will release its Construction Volume data for February, offering insights into the health of the construction sector.

Wednesday, March 20th:

China: China's central bank, the People's Bank of China (PBOC), will be making a decision on its benchmark interest rate, the NBK Base Credit Rate.

UK: Inflation data takes center stage in the UK with the release of their February CPI figures.

EU: The President of the European Central Bank (ECB), Christine Lagarde, will deliver a speech that could provide clues about the ECB's future monetary policy stance.

USA: The big one! The US Federal Reserve (Fed) will be making its highly anticipated interest rate decision, followed by a press conference.

This event will likely cause significant market movements, so pay close attention.

Thursday, March 21st:

EU & UK: Get ready for a double dose of Purchasing Managers' Indexes (PMIs) from both the EU and the UK.

These surveys measure business activity in the manufacturing and service sectors, offering valuable insights into economic health.

Additionally, the UK will be announcing its central bank's interest rate decision.

USA: The US will be releasing a slew of data points on Thursday, including initial jobless claims, PMIs (manufacturing & services), existing home sales, and a speech by the Federal Reserve's Vice Chair for Supervision, Michael Barr.

Friday, March 22nd:

UK: The UK wraps up the week with its retail sales volume data, indicating consumer spending trends.

USA: The week concludes with speeches from two key figures in the US Federal Reserve: Chairman Jerome Powell and FOMC member Raphael Bostic.

These speeches might offer further clarification on the Fed's future plans.

Staying Informed:

This is just a selection of some of the most important economic events happening this week.

By keeping track of these events and their outcomes, you can gain valuable insights into the global economic climate and make informed investment decisions.

Remember, a little bit of economic awareness goes a long way!

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