โ#ForexChief #MarketFocus #forexnews #BOE #SummitInDoha #worldnews #forexmarket #Bailey #MonetaryPolicy #ECB #RBNZโ
๐ Market focus: events of the current weekโ
๐ BOE Chairman Bailey will testify before the British Parliamentary Committee on Monetary Policy. This will correct market expectations on the pace and timing of the rate increase, as well as on the reduction of the BOE balance.
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Fed members continue to inform the markets about the upcoming tightening of policy, but at the current stage this is not relevant โ the focus is shifted to geopolitics. ECB will hold an interim meeting before adjusting its policy at a scheduled meeting on 10 March. Looking forward to another insight.
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Today, the International Oil and Gas Week opens in London, and representatives of gas exporting countries will gather for a summit in Doha. We are waiting for the growth of appetite for risk against the backdrop of fall of dollar at the first signs of a de-escalation of the European conflict.
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Fans of Asian assets should pay attention to the RBNZ information and statistics on Japan.
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specified time is GMT Offset 0
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Tuesday, 22
USD: S&P/CS HPI Composite (14:00); Manufacturing, Markit Composite, Services PMI (14:45)
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Wednesday, 23
AUD: Construction Work Done, Wage Price Index (00:30)
NZD: RBNZ Monetary Policy Statement, Interest Rate Decision, Rate Statement (01:00); Press Conference (02:00)
GBP: Inflation Report Hearings (09:30);
EUR: CPI, Core CPI (10:00)
USD: API Weekly Crude Oil Stock (21:30)
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Thursday, 24
GBP: BoE Gov Bailey Speaks (13:15)
USD: GDP, GDP Price Index, Initial Jobless Claims (13:30); Crude Oil, Cushing Crude Oil Inventories (16:00)
NZD: Core Retail Sales, Retail Sales, Trade Balance (21:45)
JPY: Tokyo Core CPI, CPI Tokyo Ex Food and Energy (23:30)
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Friday, 25
EUR: Eurogroup Meetings (10:00); ECB President Lagarde Speaks (11:15)
USD: Core Durable Goods Orders, Core PCE, PCE Price index (13:30); Fed Monetary Policy Report (Tentative)
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Profits to yโall!