This Week's Macro Outlook: Energy Trends Take Center Stage as Inflation Data Takes a Back Seat

BlockBeats News, March 9th, the surge in oil prices has largely driven the flow of funds in the $31 trillion U.S. Treasury market, WTI crude oil opened today with a one-time increase of over 20% to break through $110 per barrel, the direction of the oil market has become a new focus, with data taking a back seat. The following are the key points that the market will focus on in the new week (all times are Beijing time):

Monday 23:00, U.S. February New York Fed 1-year inflation expectation;

Wednesday 20:30, U.S. February Non-Seasonally Adjusted CPI YoY, Non-Seasonally Adjusted Core CPI YoY; U.S. February Seasonally Adjusted CPI MoM, Seasonally Adjusted Core CPI MoM;

Friday 15:00, UK January 3-Month GDP MoM, January Manufacturing/Industrial Production MoM, January Seasonally Adjusted Trade Balance;

Friday 20:30, U.S. January Core PCE Price Index YoY/MoM, U.S. January Personal Spending MoM, U.S. Q4 Real GDP Annualized QoQ Revised, U.S. January Durable Goods Orders MoM;

Friday 22:00, U.S. January JOLTs Job Openings, U.S. March 1-Year Inflation Rate Expectation Preliminary, U.S. March University of Michigan Consumer Sentiment Index Preliminary.

U.S. API and EIA Crude Oil Inventories will be released on Wednesday, OPEC will also release its monthly Oil Market Report on Wednesday, and the IEA will release its monthly Oil Market Report on Thursday. In addition, Oracle (ORCL.N) will release its earnings report after the U.S. stock market closes on Tuesday.