U.S. economy
Market Concerns Intensify As Economic Data Points to Potential Manufacturing Slowdown
Key events:
Major Central Banks Are Expected to Follow the Fed | Daily Market Analysis
Key events: Switzerland - SNB Interest Rate Decision (Q1) Switzerland - SNB Press Conference Eurozone - EU Leaders Summit UK - BoE Interest Rate Decision (Mar) UK - BoE MPC Meeting Minutes USA - Building Permits USA - Initial Jobless Claims USA - New Home Sales (Feb) Contrary to the recent problems in the U.S. banking system, the Federal Reserve did raise interest rates by 25 bps at its meeting last night.
The U.S. Economy is Slowing Down. Is a Recession Looming? | Daily Market Analysis
Key events: UK – Retail Sales (MoM) (Dec) Eurozone – ECB President Lagarde Speaks Canada – Core Retail Sales (MoM) (Nov) USA – Existing Home Sales (Dec) Retail sales and industrial production have fallen more than expected. With a recession looming, silver could soar if the Fed stops raising rates. The latest economic data leaves no doubt that the U.S. economy is losing momentum.
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