It’s Time to Plan Your FX Trading Strategies NOW, Have a Look on Key Fundamentals of the Week; March 13, 2023
Fundamental News: March 13 – March 17
“WHEN YOU GO WITH THE FLOW OF LIFE, YOU ARE BEYOND WORRYING ABOUT THE PAST OR THE FUTURE”
We @ TP GLOBAL FX, help you to provide a list of high impact data for the week to make systematic planning for the Currency Trading.
What a superb start of the week! Today in early Asian hours Fed made announcement on SVB (Silicon Valley Bank). The U.S. administration came into picture with a series of emergency measures to build up confidence in the banking sector after the failure of SVB threatened to trigger a broader systemic crisis. As a result, DXY weakens and gold hits highest level since Feb 03, 2023. In addition, Asian stock markets remain mixed after the key announcement by Fed officials.
Now, let us focus on the Key Fundamental news of the week. A week starts today will put emphasis on U.S. CPI, Retail sales, PPI, Industrial Production and Prelim UoM Consumer Sentiment data. On the other hand, U.K.’s Job data and annual Budget, New Zealand’s GDP, Australia’s Employment Change, Euro Zone’s Interest Rate Decision and Euro Group Meetings will give volatility to the FX markets.
Let’s Take a Look on a Day Wise List of the Key Economic Indicators:
All Day – Eurogroup meetings
0700 GMT U.K. Claimant Count Change
1230 GMT U.S. CPI
All Day – ECOFIN Meetings
1230 GMT U.S. Retails Sales
1230 GMT U.K. Annual Budget
0030 GMT Australia Employment Change
1230 GMT U.S. Philly Fed Manufacturing Index
1315 GMT Euro Interest Rate Decision
1000 GMT Euro Final CPI
1315 GMT U.S. Industrial Production
1400 GMT U.S. Prelim UoM Consumer Sentiment
Take a look and do trade wisely!