In this video, we are talking about such economic data releases as the US Nonfarm Payrolls report (Friday, March 10) and interest rate decisions coming from the RBA (Tuesday, March 7), the BoC (Wednesday, March 8), and the BoJ (Friday, March 10).
The RBA is expected to announce another 25 bps hike, taking its official cash rate to 3.6%. At the same time, traders must follow RBA Governor Philip Lowe’s speech. Meanwhile, the BoC is anticipating stopping rate hikes, keeping the policy rate at its current 4.5%.
Speaking about the US February Nonfarm Payrolls readings, according to the forecast, it is expected to be 200K from 517K prior.