Using Multi-Stock Trading LLC's "Economic Insight" investors can check out forecast on up-coming economic data.

We are looking into the current week of March 20 - 24:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We are focusing on major economies worldwide, e.g. the U.S., China:

‍

On Wednesday (March 22), investors around the world will be watching closely the U.S. Federal Reserve’s decision on interest rates. According to Multi-Stock Trading LLC's "Economic Insight", the central bank will raise its key rate by 25 basis points to 5.00%.

‍

Also, Multi-Stock Trading LLC's “Economic Insight” shows that, in the past 8 interest-rate decisions by the Federal Reserve, EUR/USD rose in 88% of times (7 out of 8 times) within one hour from the release, marking a trading range of 89.31 pips on average.

Other key economic data include:

Monday (March 20)

- Germany’s Producer Price Index is expected to rise 16.7% on year in February.

Tuesday (March 21)

- The Reserve Bank of Australia will release its latest monetary policy meeting minutes.

- Germany’s ZEW Economic Sentiment Index is expected to tick down to 19.1 in March.

- Canada’s Inflation Rate is expected to slow to 5.2% on year in February.

- U.S. Existing Homes Sales should increase to 4.1 million units in February.

Wednesday (March 22)

- U.K. Inflation Rate is expected to cool down to 9.6% on year in February.

- U.S. Federal Reserve Chair Jerome Powell will speak after the rate decision. 

Thursday (March 23)

- The Bank of England is expected to hike its key interest rate by 25 basis points to 4.25%.

- U.S. Initial Jobless Claims is to be reported.

Friday (March 24) 

- Japan's Inflation Rate is expected to slow to 3.3% on year in February.

- U.K. GfK Consumer Confidence Index is expected to tick up to -36 in March.

- U.K. Retail Sales may grow 1.2% on month in February.

- U.S. Durable Goods Orders are expected to increase 0.5% on month in February.

Happy Trading!

Source: Multi-Stock Trading LLC Economic Insight