What is Ahead for Markets Next Week?

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: What is Ahead for Markets Next Week?
FxPro | 3 days ago

What is Ahead for Markets Next Week? 

Europe is switching to daylight saving time in the new week - don't miss the changes in the trading schedule.

Among the key events on the 1st of April, we highlight the Reserve Bank of Australia's decision. The rate is expected to remain at 4.1% after a cut in February. Inflation only ticked down last month, and GDP growth remains healthy, so it is hardly prudent to ease policy too sharply.

Also, on April 1st, the preliminary estimate of eurozone inflation will be released. Recent data showed a slowdown to 2.3% annually, and the new soft data will increase speculation about further ECB policy easing.

Oil traders' attention is on the OPEC meeting on Thursday, April 3rd. As oil is rising, no changes are expected, but surprises cannot be ruled out, which could affect the price.

The main news on Friday will be the March US labour market data. The market has been adding below-trend rates for a couple of months, and a dip could be a new dose of negativity for the dollar.

By the FxPro Analyst Team

 

 

Regulation: FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa)
read more
Pro News Weekly Video

Pro News Weekly Video

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Pro News Weekly
FxPro | 7h 15min ago
Crypto’s dive

Crypto’s dive

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto’s dive
FxPro | 8h 5min ago
Dollar falls on tariff woes, PCE inflation in focus

Dollar falls on tariff woes, PCE inflation in focus

Tariff concerns persist ahead of PCE inflation data - BoJ divided over rate hike timing, Tokyo inflation accelerates - Wall Street slips after Trump’s auto tariffs announcement - Gold enters uncharted territory as flight to safety intensifies
XM Group | 3 days ago