Ultima MarketsMarket Review and Outlook: Super Central Bank's Weekend Remaining Warm, Day...

Last week's review

Last week, both the geopolitical tensions and the adjustment of central bank policies had a significant impact on the market. A serious terrorist attack occurred at a concert hall near the Russian capital Moscow, causing over60Human death,145Human injury.

The Federal Reserve has maintained its expectation of three rate cuts this year in its latest interest rate resolution, while the Bank of Japan17For the first time in years, the Swiss central bank raised interest rates and withdrew from negative interest rates. The Swiss central bank unexpectedly lowered interest rates, while the Bank of England did not have a member vote to support the rate hike. The US dollar index fluctuated upwards after the release of the Federal Reserve's dot chart, with spot pricesgoldAfter reaching a historic high, prices have fallen, and international oil prices have fluctuated due to Ukraine's attack on Russia's energy facilities.

Market outlook

This week, the market will continue to be influenced by central bank policies, economic data, and geopolitical events. United States2Monthly CorePCEThe data is expected to be released as the Federal Reserve's "favorite" The inflation data may affect the market's judgment on the expectation of the Federal Reserve's interest rate cut.

Meanwhile, other important economic data from the United States, Europe, and Japan will also be released. The follow-up development of the Moscow terrorist attacks will continue to receive attention. Due to Good Friday, stock markets in multiple countries will be closed for one day, which may affect market liquidity and trading activity. Investors need to remain vigilant.

Tokyo inflation indicators

Japan will announce on Friday3Month TokyoCPIdata Last week, although the Bank of Japan lifted negative interest rates, the yen still fell to30The lowest level in recent years, as the Bank of Japan has not provided any clear signals for future interest rate hikes. As a leading indicator of inflation data in Japan, TokyoCPIThe data will provide the market with the next trend of Japanese inflation.

The United States still has important data

Announced by the United States on Friday2Monthly CorePCEThe price index, which will be the most favored inflation data by the Federal Reserve. United States2monthCPIYear-on-year growth3.2%Higher than expected and previous values3.1%. The stubbornness of inflation indicates that the Federal Reserve still has a long way to go in lowering interest rates. And this weekPCEInflation data will help the market further understand the Federal Reserve6Probability of monthly interest rate cuts.

Powell's speech

This Friday, Federal Reserve Chairman Powell will deliver a speech at the Federal Reserve Bank event in San Francisco. Last week, Powell avoided the issue of overly loose financial conditions during the interest rate meeting, which was interpreted by the market as a signal that the Federal Reserve would not tighten its buying in the short term. Therefore, in this Powell speech, the market is paying attention to whether more clues about the future interest rate path will be revealed.

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.UltimaMarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.