This week, the global financial market will be watching a series of important economic events that may impact the currency, stock, and cryptocurrency markets. Notably, the U.S. CPI inflation index, interest rate decisions from the Bank of Japan (#BoJ ) and the Bank of Canada (#BOC ), along with unemployment data and the Producer Price Index (PPI).
Below is the detailed schedule by U.S. time:
📅 Wednesday, March 12
8:30 AM (New York) / 7:30 PM (Vietnam) – U.S. CPI inflation index 🇺🇸
Forecast: 2.9% | Previous: 3.0%
Core Index#cpi 🇺🇸 (excluding food & energy)
Forecast: 3.0% | Previous: 3.0%
The Bank of Japan announces interest rate decision – Expected to remain unchanged
The Bank of Canada 🇨🇦 announces interest rate – Expected to decrease by 0.25%
📅 Thursday, March 13
Initial jobless claims 🇺🇸
Forecast: 220,000 | Previous: 221,000
Producer Price Index (PPI) 🇺🇸 – Monitored to assess inflationary pressures in production.
⚠️ Risk Warning
These major economic events can significantly impact the financial markets, including Forex, stocks, and cryptocurrencies. The CPI index and interest rate decisions are particularly important as they can influence the monetary policy of the U.S. Federal Reserve (FED), thereby affecting the value of the USD and market volatility.
Investors need to closely monitor and have a reasonable risk management strategy, especially in short-term trades. The crypto market can be highly volatile based on economic data, so be cautious with trading decisions in the coming days.
