TC Economic Insight - The Week Ahead (March 31

TC Economic Insight - The Week Ahead (March 31 - April 4)

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Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

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We are looking into the trading week of March 31 - April 4:

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

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We can select which major economies to focus on:

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The Bank of Japan will report its closely-watched Tankan Report on Tuesday (April 1). According to Trading Central's "Economic Insight", the Tankan Large Manufacturers Index is expected to fall to 11 in the first quarter from 14 in the prior quarter.

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Earlier this month, as expected, the Bank of Japan (BOJ) kept its key interest rate unchanged at 0.50%.

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BOJ Governor Kazuo Ueda reiterated that the central bank will continue to raise interest rates if its underlying inflation target of 2% is likely to be achieved.

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A good Tankan reading should support the central bank’s case of hiking rates.

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In the past 4 Tankan Reports, within one hour from the event, USD/JPY rose in 75% of times (3 out of 4 events), marking a trading range of 37.83 pips on average.

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Key Economic Data Forecasts:

(GMT+01:00 Hour)

Happy Trading!

Source: Trading Central Economic Insight

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The investment ideas presented here are for information only. They do not constitute advice or a recommendation by Trading Central in respect of the investment in financial instruments. Investors should conduct further research before investing.