It will be a very volatile week due to Russia's invasion of Ukraine. Belarus also became an accomplice to the conflict, having provided its territory for the attack of the Russian army and launched cruise missiles from its territory at Ukrainian cities yesterday. The sanctions imposed against Russia are very serious, and the consequences of such sanctions for ordinary Russian citizens will be serious. If not take into account geopolitics, this week's main events for investors will be the US Nonfarm Payrolls and Interest Rate Decisions from the Central Banks of Canada and Australia. The Bank of Canada will likely raise its interest rate, while the Reserve Bank of Australia will leave it unchanged. Investors should also keep an eye on the OPEC+ meeting. Given the high geopolitical risks, unexpected decisions are possible. Special attention should be paid to the speech of Fed chief Jerome Powell before the US Congress, as well as the speech of ECB chief Christine Lagarde. Given Russia's attack on Ukraine, it is important to understand how the US and Europe Central Banks will adjust monetary policy.
- – Japan Retail Sales (m/m) at 01:50 (GMT+2);
- – Australia Retail Sales (m/m) at 02:30 (GMT+2);
- – US Chicago PMI (m/m) at 16:45 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 17:50 (GMT+2).
- – Japan Manufacturing PMI (m/m) at 02:30 (GMT+2);
- – China Manufacturing PMI (m/m) at 03:00 (GMT+2);
- – Australia RBA Interest Rate Decision (m/m) at 05:30 (GMT+2);
- – Australia RBA Rate Statement (m/m) at 05:30 (GMT+2);
- – Switzerland Manufacturing PMI (m/m) at 10:30 (GMT+2);
- – German Manufacturing PMI (m/m) at 10:55 (GMT+2);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+2);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+2);
- – Canada GDP (q/q) at 15:30 (GMT+2);
- – Canada Manufacturing PMI (m/m) at 16:30 (GMT+2);
- – US ISM Manufacturing PMI (m/m) at 17:00 (GMT+2).
- – Australia GDP (q/q) at 02:30 (GMT+2);
- – German Unemployment Rate (m/m) at 10:55 (GMT+2);
- – Eurozone Consumer Price Index (m/m) at 12:00 (GMT+2);
- – OPEC+ Meeting at 12:00 (GMT+2);
- – US ADP Nonfarm Employment Change (m/m) at 15:15 (GMT+2);
- – US FOMC Member Bullard’s Speech at 16:30 (GMT+2);
- – Canada BoC Interest Rate Decision (m/m) at 17:00 (GMT+2);
- – Canada BoC Rate Statement (m/m) at 17:00 (GMT+2);
- – US Fed Chair Jerome Powell Testifies at 17:00 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2).
- – Switzerland Consumer Price Index (m/m) at 12:00 (GMT+2);
- – German Services PMI (m/m) at 10:55 (GMT+2);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+2);
- – UK Services PMI (m/m) at 11:30 (GMT+2);
- – Eurozone Producer Price Index (m/m) at 12:00 (GMT+2);
- – Eurozone Unemployment Rate (m/m) at 12:00 (GMT+2);
- – Eurozone ECB Monetary Policy Statement (m/m) at 14:45 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – US Fed Chair Jerome Powell Testifies at 17:00 (GMT+2);
- – US ISM Services PMI (m/m) at 17:00 (GMT+2);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+2);
- – Canada BoC Maclem speaks at 18:30 (GMT+2).
- – Japan Unemployment Rate (m/m) at 01:30 (GMT+2);
- – UK Construction PMI (m/m) at 11:30 (GMT+2);
- – Eurozone Retail Sales (m/m) at 12:00 (GMT+2);
- – US Nonfarm Payrolls (m/m) at 15:30 (GMT+2);
- – US Unemployment Rate (m/m) at 15:30 (GMT+2);
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+2);
- – Canada Ivey PMI (m/m) at 17:00 (GMT+2).
by 2022.02.28
, 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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