Key Economic Events: Week Of 23rd March 2026
Release Date: 23rd March 2026
What to Expect in Markets This Week: This week features key economic data releases including US S&P Global Manufacturing and Services PMI, UK CPI, and US Initial Jobless Claims. India observes Ram Navami holiday on March 26th. The next Fed Interest Rate Decision is scheduled for April 29th, 2026.
24 March 2026
USD - S&P Global Manufacturing PMI (Mar)
Date:
24-Mar-26, Tue, 19:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
51.6
Notes:
The S&P Global Manufacturing PMI measures the level of general business conditions in the manufacturing sector. A reading above 50 indicates expansion, while below 50 signals contraction. It is a key leading indicator of economic health. A higher than expected reading is bullish for the USD.
Learn More:
USDJPY EURUSD
USD - S&P Global Services PMI (Mar)
Date:
24-Mar-26, Tue, 19:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
51.7
Notes:
The S&P Global Services PMI measures the level of general business conditions in the services sector. A reading above 50 indicates expansion, while below 50 signals contraction. The services sector represents a large portion of the US economy. A higher than expected reading is bullish for the USD.
Learn More:
USDJPY EURUSD
25 March 2026
GBP - CPI (YoY) (Feb)
Date:
25-Mar-26, Wed, 12:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
3.00%
Notes:
The Consumer Price Index (CPI) measures changes in the price level of a basket of goods and services consumed by households. Higher CPI readings indicate rising inflation and may strengthen the GBP as it could prompt the BoE to consider tighter monetary policy. A higher than expected reading is bullish for the GBP.
Learn More:
USDJPY EURUSD
26 March 2026
INR - India - Ram Navami
Date:
26-Mar-26, Thur, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Ram Navami is a Hindu festival celebrating the birth of Lord Rama. Financial markets in India are typically closed on this day, leading to lower liquidity for INR pairs.
Learn More:
Legacy
USD - Initial Jobless Claims
Date:
26-Mar-26, Thur, 17:50 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. It is a key leading indicator of the labor market health. A lower than expected reading is bullish for the USD, while a higher reading is bearish.
Learn More:
USDJPY EURUSD
29 April 2026
USD - Fed Interest Rate Decision
Date:
29-Apr-26, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
CME FedWatch Tool
Previous:
3.63%
Notes:
The Federal Reserve Interest Rate Decision is one of the most important economic events for the USD. The Federal Open Market Committee (FOMC) announces its decision on the target federal funds rate, which influences borrowing costs, inflation, and economic growth. A rate hike is bullish for the USD, while a rate cut is bearish.
Learn More:
USDJPY EURUSD