German Ifo business survey on the agenda today

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German Ifo business survey on the agenda today

<p style="" class="text-align-justify">A calm before the next storm? That may be the case as we get stuck into the final trading week of March and Q1 trading this year.</p><p style="" class="text-align-justify">Equities are in a decent spot to start the new week with S&amp;P 500 futures seen up 20 points, or 0.5%, currently. Major currencies are little changed for the most part with the dollar still feeling rather unsettled following the Fed policy decision last week. A dovish hike was what markets are viewing it is but only time will tell if that is the right take.</p><p style="" class="text-align-justify">Meanwhile, all eyes will still be on the bond market with <a href="https://www.forexlive.com/news/believe-what-you-will-20230327/" target="_blank" rel="follow">10-year Treasury yields hitting a key threshold for the year</a>.</p><p style="" class="text-align-justify">There won't be much in Europe to shake things up today, so broader market sentiment is still the key driver of trading conditions before month-end and quarter-end focus comes into play. Also, as a reminder, be wary of repatriation flows related to the Japanese fiscal year-end.</p><p style="" class="text-align-justify">0800 GMT - Germany March Ifo business climate index0800 GMT - Eurozone February M3 money supply data1000 GMT - UK March CBI retailing reported sales</p><p style="" class="text-align-justify">That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p>

                This article was written by Justin Low at www.forexlive.com.

Source: German Ifo business survey on the agenda today

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