IMF and US Data at The Centre Stage - Rabobank
Piotr Matys, EM FX Strategist at Rabobank, suggests that the
International Monetary Fund will publish its latest World Economic
Outlook. Christine Lagarde has already hinted that the IMF may revise
lower its economic forecasts.
Key Quotes
“Somewhat less negative view on emerging economies (particularly China) would be an encouraging signal for the markets.
US
Small Business Sentiment is expected to improve to 93.5 in March from
92.9 in February. For the first time since June import prices should
increase on the monthly basis (Mkt: 1.0% m/m). The market will be
looking for fresh clues (or confusion) from Fed speakers including
Harker, Williams and Lacker (the last two will speak very late in the
evening in European time).”
(Market News Provided by FXstreet)
