Highlights
The data calendars in Europe and North America are thin on Monday.
In Asia, India's consumer inflation is expected to ease slightly to 6.35 percent in February from 6.52 percent in January, but that would be still above the Reserve Bank of India's target of 4 percent, or in a range of 2 percent to 6 percent. The CPI annual rate dipped from 6.77 percent in October to 5.88 percent in November and 5.72 percent in December.
The RBI's policy board will digest this and other indicators to judge whether it will need to continue tightening policy at its April meeting after raising rates for a total of 250 basis points since May 2022, including a 25 basis point hike to 6.50 percent in February.
In Asia, India's consumer inflation is expected to ease slightly to 6.35 percent in February from 6.52 percent in January, but that would be still above the Reserve Bank of India's target of 4 percent, or in a range of 2 percent to 6 percent. The CPI annual rate dipped from 6.77 percent in October to 5.88 percent in November and 5.72 percent in December.
The RBI's policy board will digest this and other indicators to judge whether it will need to continue tightening policy at its April meeting after raising rates for a total of 250 basis points since May 2022, including a 25 basis point hike to 6.50 percent in February.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.
