ChainThink reports that on March 21, as the Iran conflict enters its fourth week, there remains no clear sign of de-escalation, keeping market volatility high as the conflict and its impact on energy prices continue to be a key focus for Wall Street in the short term. In addition, upcoming macroeconomic data from the U.S. and Europe next week will allow markets to assess whether the recent surge in energy prices is beginning to transmit to consumer prices and the broader economy. Below are the key market focus points for the coming week (all times in Beijing Time):
Monday at 22:00, U.S. January Construction Spending Month-over-Month;
Tuesday, 7:30 AM: Japan's Year-over-Year Core CPI for February;
Wednesday, 8:30 AM: Australia's February unadjusted CPI annual rate;
Wednesday, 15:00: UK Monthly CPI, UK Monthly Retail Prices Index;
Wednesday, 20:30: U.S. Fourth-Quarter Current Account, U.S. February Monthly Import Price Index;
Wednesday at 22:30, U.S. EIA Crude Oil Inventories for the week ending March 20;
Thursday, 20:30: U.S. Initial Jobless Claims for the week ending March 21;
Thursday TBA, G7 finance ministers meet through March 27;
Friday at 7:00, Federal Reserve Vice Chair Jefferson will speak;
At 23:30 on Friday, Daly, a 2027 FOMC voter and President of the San Francisco Fed, delivered the opening remarks at a conference on macroeconomic and monetary policy. (Jin10)
