Trading Week Ahead: Global Inflation Fears
Escalating Middle East tensions and a sharp rally in crude oil have reignited global inflation fears. Against this volatile backdrop, traders face a critical week as fresh US producer prices lead directly into high-stakes policy decisions from the Federal Reserve and the European Central Bank. The focus rests heavily on whether policymakers adjust their forward guidance to address the rising energy prices
👉 US PPI
Headline producer prices are forecast to cool to 0.3% following a previous 0.5% increase. As a key leading indicator for inflation, an upside surprise forces a hawkish curve repricing and lifts the dollar, while a softer number may cap yields and support equities ahead of the Fed.
👉 FOMC Statement
Rates are widely expected to remain on hold, making the updated dot plot and forward guidance the primary focus. A hawkish shift to address energy-driven inflation risks could crush risk sentiment and drive broad USD strength, whereas dovish signals would trigger a sharp relief rally.
👉 ECB Refinancing Rate
Traders expect the main policy rate to hold at 2.15%, but surging European gas prices have complicated the outlook. Hawkish forward guidance addressing entrenched inflation will trigger immediate euro strength. A focus on growth risks and a weakening jobs market may weigh heavily on the single currency.
| Date | Time | Instrument | Event |
|---|---|---|---|
| Monday, Mar. 16 |
01:30 PM
|
CAD
|
CAD CPI |
| Tuesday, Mar. 17 |
04:30 AM
|
AUD
|
AUD Cash Rate |
| Wednesday, Mar. 18 |
11:00 AM
|
EUR
|
EUR CPI |
|
01:30 PM
|
USD
|
US PPI | |
|
02:45 PM
|
CAD
|
BOC Rate Statement | |
|
07:00 PM
|
USD
|
FOMC Statement | |
| Thursday, Mar. 19 |
04:00 AM
|
JPY
|
BoJ Rate Decision |
|
08:00 AM
|
GBP
|
UK Claimant Count | |
|
01:00 PM
|
GBP
|
BOE Bank Rate | |
|
02:15 PM
|
EUR
|
ECB Refinancing Rate |
*All times in the table are in GMT+1
This article is for informational purposes only, and some information may not reflect the current service offering or product features. Please always verify the latest terms on the official product pages. All information provided herein is intended solely for educational purposes related to trading on financial markets and does not constitute investment advice or serve in any way as a specific investment recommendation. Please read the full disclosure here.
About FTMO
FTMO has developed an evaluation process to find trading talents. Upon successful completion, you may be eligible for an FTMO Account with a balance of up to $200,000 in simulated funds. How does it work?