Important upcoming events and publications for March 25 (GMT):
09:00 German Ifo Business Climate shows a decline since September last year. Economists on average forecast indicator stabilization in March at the level of 98.7 against 98.5 a month earlier. However, the sharp fall of PMI at the end of last week calls for caution in expectations.
13:00 China’s Leading Economic Index retains positive momentum but shows a marked slowdown since the second half of last year, and this is a source of concern for world markets. Signs of further braking of the second world economy may increase the demand for safe assets.
23:50 Summary of Opinions from the latest BoJ monetary policy meeting may increase Japanese currency fluctuations. The focus is on the possible softening of the central bank’s tone following “colleagues” from other countries.
See the detailed Economic calendar here
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