• Home
• /
• Newsroom
• /
• The Week Ahead: 20th – 24th March 2023

The Week Ahead: 20th – 24th March 2023

Overview for the Week Ahead 

The focus of attention next week will be on monetary policy, as the Fed is scheduled to hold a two-day meeting starting on Tuesday, and an announcement regarding interest rates is anticipated on Wednesday. 

Keeping an eye on the UBS negotiation on purchasing the Credit Suisse bank, which will have a significant impact into calming down the banking crisis or spreading the panic in case things won’t work as planned. 

Busy week for the Fed officials as they will also release updated projections of inflation, unemployment and economic output, and Chair Jerome Powell will be holding a news conference. 

The National Association of Realtors will report the sales of new and existing home sales for February, expecting a continuous decline.  

Within the week, we will receive the latest inflation readings from the U.K., Canada and Japan, which will give a global view of the Inflation hit that countries are facing. 

On Friday, S&P Global is going to release the March business-activity surveys of purchasing managers from around the world.  

The February surveys showed activity improved in China, the U.S. and the eurozone. 

Have your trading charts ready! 

This Week’s High Impact Events 

The times below are GMT +1. 

Monday 20^th March 

No High Impact Events  

Tuesday 21^st March 

• 13.30 – Canada – CPI m/m, Median/Trimmed/Common CPI y/y 

Potential instruments to Trade: CAD Crosses.  

• 13.30 – Europe – ECB President Lagarde Speaks 

Potential instruments to Trade: EUR Crosses.  

• 15.00 – US – Existing Home Sales 

Potential instruments to Trade: USD Crosses.  

Wednesday 22^nd March 

• 08.00 – UK – CPI, PPI Input/Output & RPI 

Potential instruments to Trade: GBP Crosses.   

• 19.00 – US – FOMC Economic Projections, FOMC Statement & Federal Funds Rate 

Potential instruments to Trade: USD Crosses.  

• 19.30 – US – FOMC Press Conference & Federal Funds Rate 

Potential instruments to Trade: USD Crosses.  

Thursday 23^rd March 

• 09.30 – Switzerland – SNB Policy Rate & SNB Monetary Policy Assessment 

Potential instruments to Trade: CHF Crosses. 

• 13.00 – UK – MPC Official Bank Rate Votes, Monetary Policy Summary & Official Bank Rate 

Potential instruments to Trade: GBP Crosses.  

• 13.30 – USD – Unemployment Claims 

Potential instruments to Trade: USD Crosses. 

Friday 24^th March 

• 09.15 – Europe – French Flash Services PMI & French Flash Manufacturing PMI 

Potential instruments to Trade: EUR Crosses.  

• 09.30 – Europe – German Flash Services PMI & German Flash Manufacturing PMI 

Potential instruments to Trade: EUR Crosses.  

• 10.30 – UK – Flash Manufacturing PMI & Flash Services PMI 

Potential instruments to Trade: GBP Crosses.  

• 14.45 – US – Flash Manufacturing PMI & Flash Services PMI  
  Potential instruments to Trade: USD Crosses.  

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].

We are Errante. Trading made personal.

Errante is regulated by the Seychelles Financial Services Authority (FSA) under license number [SD038].

To find out more about Errante, visit https://errante.io/.

• Share with a Friend