Federal Reserve page 6

Key events:         USA – EIA Short-Term Energy Outlook   This week, investors have a lot of economic data to consider, including the upcoming release of March's consumer price index and producer price index on Wednesday and Thursday, respectively. Based on these reports, it will become clearer whether the Fed will continue raising interest rates or halt its campaign. Although most investors expect the Fed to continue tightening its monetary policy, the possibility of a pause should not be dismissed.

Key events:        

Key events:        

Key events:

Key events:                                                     Eurozone - ECB President Lagarde Speaks                      USA - ADP Nonfarm Employment Change (Feb) USA - Fed Chair Powell Testifies                      USA - JOLTs Job Openings (Jan)     Canada - BoC Interest Rate Decision USA - Crude Oil Inventories Precious metals seem to be losing their luster after U.S. Federal Reserve Chairman Jerome Powell stepped up the rhetoric about rate hikes in his semi-annual testimony before lawmakers Tuesday.

Key events:         USA – Core Durable Goods Orders (MoM) (Jan) USA – Pending Home Sales (MoM) (Jan) U.S. stock indices tumbled Friday on reports of continued high inflation in the country. The Dow Jones Industrial Average fell 336.99 points (1.02%) to 32816.92 points. Microsoft Corp (NASDAQ: MSFT) shares were the leaders among the index components, falling 2.2% besides Boeing.

Key events:         Australia – Employment Change (Jan) USA – Building Permits (Jan)    USA – Initial Jobless Claims   USA – Philadelphia Fed Manufacturing Index (Feb) USA – PPI (MoM) (Jan) The U.S. stock market ended Wednesday's trading on the plus with growth in the last hour of the session. Traders tried to assess the next batch of statistical data on the U.S. economy and draw conclusions as to what they could mean for the further policy direction of the Federal Reserve System.

Key events:       Australia – Retail Sales (MoM) (Dec)    Canada – GDP (MoM) (Nov) USA – CB Consumer Confidence (Jan)   New Zealand – Employment Change (QoQ) (Q4)   Central banks will be in focus this week with meetings of the U.S. Federal Reserve (Fed), European Central Bank (ECB), and Bank of England (BoE), each expected to keep raising rates.

Key events:       USA – Fed Chair Powell Speaks      USA – EIA Short-Term Energy Outlook