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A world of Trading assets

2021/03/15 Market Chat

Authored by TD Markets
2 min

Last week ended on a very strong note, as President Biden signed in the stimulus bill positivity flew through the market as equity indices, commodities as well as Bitcoin saw buyers taking charge. The coming week is filled with high impact news events as monetary policy statements are set to be released out of the US, UK as well as Japan.

Bitcoin opened up this morning above the $60 000 level making a new all time high, as buyers continue to take control in the alternative asset class.

The Asian session saw some USD strength come into the market as Gold, Silver and Brent weakened, but the USD is still in full control as it strengthens against the JPY, AUD and CHF. The Yen currently has a lot of weakness as it weakens across all crosses.

Take note of Daylight savings times as the clock was turned back one hour out of the US and Canada as of Sunday morning. This will affect the times that economic news will be released as well as the open of the Markets, the US open will subsequently start at 3:30pm (SAST).

Sunday (SAST)
9:00am - Daylight Saving Time Shift (CAD)
9:00am - Daylight Saving Time Shift (USD)

Monday (SAST)
1:15am - RBA Gov Lowe Speaks (AUD)

Tuesday (SAST)
6:30am - Revised Industrial Production m/m (JPY)
Tentative - BOJ Gov Kuroda Speaks (JPY)
2:30pm - Core Retail Sales m/m (USD)
2:30pm - Retail Sales m/m (USD)

Wednesday (SAST)
2:30pm - CPI m/m (CAD)
4:30pm - Crude Oil Inventories (USD)
8:00pm - FOMC Statement (USD)
8:00pm - FOMC Economic Projection (USD)
8:00pm - Federal Funds Rate (USD)
8:30pm - FOMC Press Conference (USD)
11:45pm - GDP q/q (NZD)

Thursday (SAST)
2:30am - Unemployment Rate (AUD)
2:00pm - MPC Official Bank Rate Votes (GBP)
2:00pm - Monetary Policy Summary (GBP)
2:00pm - Official Bank Rate (GBP)
2:30pm - ADP Non-Farm Employment Change (CAD)
2:30pm - Philly Fed Manufacturing Index (USD)

Friday (SAST)
Tentative - Monetary Policy Statement (JPY)
2:30pm - Core Retail Sales m/m (CAD)
2:30pm - Retail Sales m/m (CAD)

Authored by TD Markets
2 min
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