During this week, investors will focus on many important forex news represented in the monetary policy meeting of the Federal Reserve, which is considered the first meeting of “Jerome Powell” as Chairman of the Board.
Financial markets are also awaiting a number of other meetings, starting with the G20 summit in Buenos Aires scheduled for Monday, in addition to the European Union summit and the Bank of England monetary policy meeting.
Eurozone private sector survey data will also be closely watched, especially amid speculation about the extent to which the European Central Bank will begin to scale back its stimulus programme.
The following are the details of the most important forex news on the global economic scene:
Monday 19 March
Starting today, finance ministers and central bank governors from the 20 largest economies in the world are scheduled to meet in Buenos Aires.
Tuesday 20 March
Australia will publish its data on house price inflation, the Australian Central Bank will announce the benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and the factors that affect the monetary policy decision, and Britain will disclose several data The ZEW Institute will also publish a report on German economic sentiment, and the G-20 summit in Buenos Aires is also scheduled to continue for a second day.
Wednesday March 21
Financial markets will be closed in Japan for public holidays in the country, in Britain a report on employment is scheduled to be published, and the United States will disclose data on existing home sales, on the other hand, the Federal Reserve will issue its latest interest rate decision. In addition to publishing a statement on the policies that determine the economic conditions and the factors that would affect the monetary policy decision.
Thursday March 22
Later today, the Reserve Bank of New Zealand is scheduled to release its latest monetary policy decision, Australia is to publish its monthly employment report, and in the euro zone, many important data will be published on service sector activity and manufacturing activity, on the other hand, it will The UK is to release its data on retail sales, and the Bank of England is to announce an interest rate decision.
Friday 23 March
Canada is to publish its data on retail sales and inflation, and the US is also scheduled to conclude this week's trading by releasing several important data on durable goods orders in addition to other data on new home sales.
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