From Morningstar:

In the coming week, central bank rate decisions in Europe and the U.S., along with economic growth data from China, Australia, and Malaysia, will impact FX and bond markets. The ECB is expected to hold rates on Thursday, while U.S. non-farm payrolls data on Friday will indicate the health of the economy. The U.K. spring budget on Wednesday may offer fiscal stimulus. In China, the National People’s Congress will set growth targets for 2024.

Eurozone’s ECB expected to keep rates at 4.00%, with possible rate cuts in 2024. U.S. non-farm payrolls data on Friday will show the economy’s strength. U.K. budget may include fiscal stimulus. China’s growth targets for 2024 will be set. Australia, Malaysia, and other Asian countries will release economic data, impacting markets.

Germany and other eurozone countries have bond auctions this week. U.S. Fed is likely to cut rates in June or July. U.K. fiscal stimulus could support sterling. China’s growth targets may boost market confidence. Japan and South Korea will release inflation and GDP data. Malaysia defends ringgit’s depreciation. Asian countries will release CPI and PMI data.



Read more at Morningstar: Week Ahead for FX, Bonds: ECB Decision, U.S. Jobs Data, Key China Meetings in Focus