Market Opportunities : Week 22-03-2021 - 26-03-2021 | IFCM UK
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Market Opportunities : Week 22-03-2021 - 26-03-2021

Other important events of the week:

Key Events to Watch

EURUSD: Among indicators likely to move the forex market in the March 22-26 week is the Composite PMI reading for Germany for March. Markit will release the Composite PMI Flash reading on March 24. There is some likelihood the Composite PMI may beat the previous reading of 51.1, which will be bullish for EURUSD. In case the flash composite PMI declines - the EURUSD most likely will decline too.

USDIDX: US Durable Goods Orders report for February is another major indicator due March 24. The indicator is expected to decline to 1.2% from 3.4% in January. Readings above 1.2% will be bullish for the US Dollar index.
Other important events of the week:
DateCountryEventForecastPrevious
2021-03-22
USD
United States Existing Home Sales 7.24 M6.69 M
2021-03-23
GBP
United Kingdom Claimant Count Change 116.5 K-20.0 K
2021-03-23
GBP
Bank of England (BoE) Governor Bailey Speech
2021-03-23
USD
United States New Home Sales 1.042 M0.923 M
2021-03-24
USD
United States Core Durable Goods Orders m/m -0.1%1.4%
2021-03-24
USD
EIA United States Crude Oil Stocks Change
2021-03-25
EUR
European Union Leaders Summit
2021-03-25
CHF
Swiss National Bank (SNB) Interest Rate Decision -0.75%
2021-03-25
GBP
Bank of England (BoE) Governor Bailey Speech
2021-03-25
USD
United States Gross Domestic Product (GDP) q/q 4.1%4.1%
2021-03-26
EUR
European Union Leaders Summit
2021-03-26
GBP
United Kingdom Retail Sales m/m 0.5%-8.2%
2021-03-26
EUR
Ifo Germany Business Climate 91.192.4
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