PANews reported on March 8 that the market this week was turbulent. Multiple factors, including the repeated US tariff policy, the European Central Bank's interest rate cuts, German fiscal reforms and increased European defense spending, US non-farm payrolls, Powell's speech, etc., affected the market. Traders tried to sort out various headlines around economic, tariff and geopolitical developments, and the market was swayed. Starting from March 9, North America began to implement daylight saving time. The trading hours of US and Canadian financial markets and the release time of economic data will be one hour earlier than winter time. The following are the key points that the market will focus on in the new week:
Monday 23:00, US New York Fed 1-year inflation forecast for February
Tuesday 22:00, US January JOLTs job vacancies
At 20:30 on Wednesday, the annual rate of US unadjusted CPI in February, the monthly rate of US seasonally adjusted CPI in February, the monthly rate of US seasonally adjusted core CPI in February, and the annual rate of US unadjusted core CPI in February
At 20:30 on Thursday, the annual rate/monthly rate of PPI in February in the United States
At 22:00 on Friday, the initial value of the US one-year inflation rate forecast for March and the initial value of the University of Michigan Consumer Confidence Index for March
The most important economic data in the coming week will be the U.S. CPI inflation report for February on Wednesday, inflation expectations on Monday and Friday, and PPI on Thursday. These inflation reports will be the last batch of important data before the Fed's next meeting on March 18-19.
