Last week, investors' attention was focused on the war in Ukraine. Now it is a major geopolitical and economic tragedy. Western countries have imposed tough sanctions against Russia for its invasion of Ukraine. The world's largest companies have ceased cooperation with the Russian market. Russia has lost international support, investors are trying to withdraw their investments from the country, but the Russian government has already introduced laws prohibiting or restricting currency withdrawal. The Moscow Stock Exchange was closed last week, and Russian securities fell by 70-100% on international exchanges. This week, investors will also focus on war and geopolitics. As for economic events, traders and investors should pay attention to the consumer price index (inflation rate) in the US on Thursday, as well as to the ECB interest rates meeting. Analysts expect another jump in inflation in the US, and the ECB is unlikely to change its monetary policy because of the war in Ukraine.
- – Switzerland Unemployment Rate (m/m) at 08:45 (GMT+2);
- – German Retail Sales (m/m) at 09:00 (GMT+2).
- – German Industrial Production (m/m) at 09:00 (GMT+2);
- – Eurozone GDP (q/q) at 12:00 (GMT+2).
- – Australia RBA Lowe’s Speech at 00:15 (GMT+2);
- – Japan GDP (q/q) at 01:50 (GMT+2);
- – China Consumer Price Index (m/m) at 03:30 (GMT+2);
- – China Producer Price Index (m/m) at 03:30 (GMT+2);
- – US JOLTS Job Openings (m/m) at 17:00 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2).
- – Japan Producer Price Index (m/m) at 01:50 (GMT+2);
- – Eurozone ECB Monetary Policy Statement at 14:45 (GMT+2);
- – Eurozone ECB Interest Rate Decision at 14:45 (GMT+2);
- – US Consumer Price Index (m/m) at 15:30 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+2).
- – Australia RBA Lowe’s Speech at 00:15 (GMT+2);
- – UK GDP (m/m) at 09:00 (GMT+2);
- – UK Industrial Production (m/m) at 09:00 (GMT+2);
- – UK Manufacturing Production (m/m) at 09:00 (GMT+2);
- – German Consumer Price Index (m/m) at 09:00 (GMT+2);
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+2);
- – US Michigan Consumer Sentiment (m/m) at 17:00 (GMT+2).
by 2022.03.07
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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