Weekly Market Outlook (26-01 March)
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The upcoming week will be busy on the data front with several key events and indicators to watch. These include CPI, US Durable Goods Orders, US Consumer Confidence, Australia Monthly CPI, RBNZ Policy Decision, US Q4 GDP, Industrial Production and Retail Sales, Canada GDP, US PCE, US Jobless Claims, Chinese PMIs, Eurozone CPI and Unemployment Rate, and US ISM Manufacturing PMI. The Japanese Core CPI is expected to be at 1.8%, US Consumer Confidence is expected to remain unchanged at 114.8, Australian Monthly CPI is expected to be at 3.5%, the RBNZ is expected to keep the OCR unchanged at 5.50%, US PCE is expected to be at 2.4%, US Jobless Claims are expected to be at 210K, Eurozone CPI is expected to be at 2.5%, and US ISM Manufacturing PMI is expected to be at 49.5. The market will likely react to any surprises in the data, but overall, the expectations are already priced in.
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https://www.forexlive.com/news/weekly-market-outlook-26-01-march-20240225/