Next Week's Key Economic Events: FOMC, BoJ, BoE, SNB, and Australian Jobs Report

Key Economic Events for the Week Ahead

Next week will be pivotal for global markets with rate decisions from major central banks including the FOMC, BoJ, BoE, SNB, and others. Key data releases will also be in focus, particularly US Retail Sales, CPI figures from Canada and Japan, and the Australian jobs report.

Monday: Chinese Activity Data and US Retail Sales

• Chinese Activity Data: Industrial production is expected to dip to 5.4% Y/Y in February. Retail sales and fixed asset investments are anticipated to rise to 4.0% and 3.8% respectively.
• US Retail Sales: Forecasted to increase by 0.7% M/M in February, bouncing back from a 0.9% decline in January.

Tuesday: Economic Indicators

• Economic data from the Eurozone and Canada will be announced, including the EZ Trade Balance and Canadian CPI.

Wednesday: Central Bank Announcements

• FOMC Announcement: Expected to keep rates between 4.25-4.50%. The statement will be closely analyzed for insights on future rate cuts.
• BoJ Announcement: Likely to maintain its current rate, with inflation expectations rising moderately.

Thursday: Major Central Bank Decisions and Australian Jobs

• BoE and SNB Announcements: Both are expected to keep rates unchanged amidst varying economic conditions.
• Australian Jobs Report: Employment is projected to rise by 30k in February, with the unemployment rate expected to hold steady at 4.1%.

Friday: Market Events

• Quad Witching and CBR Announcement will conclude the week.

The outcomes of these events will significantly influence market sentiment and economic forecasts moving forward.