Summary of the most interesting economic events from the trading week 25 - 31 March 2024

Monday's recap of last week is here! Join us as we recap what we've been focusing on and what the current trading week has in store for us.


We received a number of data from Japan at the end of the week. Retail sales rose 4.6 % y/y, an acceleration from January's increase. Tokyo inflation was unchanged y/y at 2.6 % and we saw a small slowdown in the core reading. However, inflation is still above the Bank of Japan's target. The unemployment rate hit its highest level since September 2023. It's very much a combination for the JPY. The market is likely to focus more on inflation. Recently, we have seen mentions of intervention. That said, we will be very wary of any commentary that could move the JPY.

What's in store for us this week?

Monday: ISM PMI (USD), PMI (CAD)

Tuesday: PMI (AUD), RBA minutes (AUD), retail sales (CHF), German inflation rate (EUR), PMI (GBP)

Wednesday: Preliminary Eurozone inflation rate (EUR), ADP employment change (USD), PMI (USD), Powell's Fed speech (USD)


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