Jeremy Oles

Published On: 11/03/2025
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By Published On: 11/03/2025
Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious
08:45🇪🇺2 pointsECB President Lagarde Speaks———-———-
11:00🇺🇸2 pointsOPEC Monthly Report———-———-
12:30🇺🇸3 pointsCore CPI (MoM) (Feb)0.3%0.4%
12:30🇺🇸2 pointsCore CPI (YoY) (Feb)3.2%3.3%
12:30🇺🇸3 pointsCPI (YoY) (Feb)2.9%3.0%
12:30🇺🇸3 pointsCPI (MoM) (Feb)0.3%0.5%
13:30🇺🇸3 pointsCrude Oil Inventories———-3.614M
13:30🇺🇸2 pointsCushing Crude Oil Inventories———-1.124M
15:15🇪🇺2 pointsECB’s Lane Speaks———-———-
17:00🇺🇸3 points10-Year Note Auction———-4.632%
18:00🇺🇸2 pointsFederal Budget Balance (Feb)-314.0B-129.0B

Summary of Upcoming Economic Events on March 12, 2025

Eurozone (🇪🇺)

  1. ECB President Lagarde Speaks (08:45 UTC)
    • Any hawkish or dovish stance could impact EUR and European bond markets.
  2. ECB’s Lane Speaks (15:15 UTC)
    • Could provide additional monetary policy insights.

United States (🇺🇸)

  1. OPEC Monthly Report (11:00 UTC)
    • Key focus: Oil production & demand forecasts.
    • Could impact oil prices and energy stocks.
  2. Core CPI (MoM) (Feb) (12:30 UTC)
    • Forecast: 0.3%
    • Previous: 0.4%
    • Inflation trend key for Fed rate expectations.
  3. Core CPI (YoY) (Feb) (12:30 UTC)
    • Forecast: 3.2%
    • Previous: 3.3%
    • A higher reading could push bond yields up, supporting USD.
  4. CPI (YoY) (Feb) (12:30 UTC)
    • Forecast: 2.9%
    • Previous: 3.0%
    • Declining inflation could increase rate-cut bets, weakening USD.
  5. CPI (MoM) (Feb) (12:30 UTC)
    • Forecast: 0.3%
    • Previous: 0.5%
    • Lower than expected could be bearish for USD, boosting stocks & bonds.
  6. Crude Oil Inventories (13:30 UTC)
    • Previous: 3.614M
    • Large inventory changes could move oil prices and commodity currencies (CAD, NOK, RUB).
  7. Cushing Crude Oil Inventories (13:30 UTC)
    • Previous: 1.124M
    • Focus on U.S. storage levels for oil supply trends.
  8. 10-Year Note Auction (17:00 UTC)
  • Previous Yield: 4.632%
  • Higher demand could push yields lower, pressuring USD.
  1. Federal Budget Balance (Feb) (18:00 UTC)
  • Forecast: -314.0B
  • Previous: -129.0B
  • A larger deficit could increase market volatility.

Market Impact Analysis

  • EUR: Moderate impact from ECB speeches.
  • USD: High impact from CPI & bond auction.
  • OIL: High impact from OPEC & inventories.
  • Volatility: High, especially in FX, bonds, and commodities.
  • Impact Score: 8/10 – CPI data and OPEC report could drive major market movements.