IG trading the markets

IG trading the markets


Week ahead: BoJ, RBA, Fed and BoE rate decisions

March 17, 2024

Big week for rate decisions across four central banks; the Reserve Bank of Australia (RBA), Bank of Japan (BoJ), Federal Reserve (Fed) and Bank of England (BoE). Only the BoJ could move with markets expecting at least some loosening of its long held yield curve control, of course the Japanese central bank go for a rise in its 0% rate policy, that could see a spike in the yen, but more likely that will come in April. Outside of this FX traders will be on alert too with the German ZEW & Ifo reports, a full panoply of flash PMI data on Thursday and the UK inflation data from the consumers, producers and also the retail price index. Earnings include US all-sessions stocks Nike, Micron Tech and UK clothing retailer Next on FY numbers.  


Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. 

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