Upcoming economic events 21 March 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
06:00		2 points	EU Leaders Summit	———-	———-
09:05		2 points	FOMC Member Williams Speaks	———-	———-
13:00		2 points	U.S. Baker Hughes Oil Rig Count	———-	487
13:00		2 points	U.S. Baker Hughes Total Rig Count	———-	592
15:30		2 points	CFTC Crude Oil speculative net positions	———-	164.1K
15:30		2 points	CFTC Nasdaq 100 speculative net positions	———-	22.7K
15:30		2 points	CFTC S&P 500 speculative net positions	———-	80.6K
15:30		2 points	CFTC AUD speculative net positions	———-	-48.2K
15:30		2 points	CFTC JPY speculative net positions	———-	133.9K
15:30		2 points	CFTC EUR speculative net positions	———-	13.1K
16:30		2 points	CFTC Gold speculative net positions	———-	236.1K

Summary of Upcoming Economic Events on March 21, 2025

Eurozone (🇪🇺)

1. EU Leaders Summit (06:00 UTC)
   • Market Impact:
     • Discussions on economic policy, fiscal stimulus, and geopolitical issues.
     • Any announcements related to ECB policy or fiscal support could influence the euro (EUR).

United States (🇺🇸)

2. FOMC Member Williams Speaks (09:05 UTC)
   • Market Impact:
     • If hawkish, could boost the USD.
     • If dovish, may signal future rate cuts, weakening the USD.
3. U.S. Baker Hughes Oil Rig Count (13:00 UTC)
   • Previous: 487
   • Market Impact:
     • A rising count suggests higher future oil supply, potentially lowering oil prices.
     • A declining count may support crude oil prices.
4. U.S. Baker Hughes Total Rig Count (13:00 UTC)
   • Previous: 592
5. CFTC Speculative Net Positions (15:30 UTC)
   • Crude Oil: Previous: 164.1K
   • Nasdaq 100: Previous: 22.7K
   • S&P 500: Previous: 80.6K
   • Gold: Previous: 236.1K
   Market Impact:
   • These reports track speculative positioning in key asset classes.
   • A significant shift in gold or oil positioning may indicate risk sentiment changes.

Australia (🇦🇺)

6. CFTC AUD Speculative Net Positions (15:30 UTC)
   • Previous: -48.2K
   • Market Impact:
     • A rising net short position may indicate weaker sentiment for the Australian dollar (AUD).

Japan (🇯🇵)

7. CFTC JPY Speculative Net Positions (15:30 UTC)
   • Previous: 133.9K
   • Market Impact:
     • Large speculative positions may signal upcoming volatility in JPY pairs.

Eurozone (🇪🇺)

8. CFTC EUR Speculative Net Positions (15:30 UTC)
   • Previous: 13.1K
   • Market Impact:
     • A shift in speculative positioning can indicate sentiment shifts toward the euro.

Market Impact Analysis

• EUR: EU Summit could influence fiscal and monetary policy expectations.
• USD: FOMC speech and CFTC reports could drive volatility.
• Oil Prices: Rig count data will affect supply expectations.
• Gold: CFTC speculative data may impact gold prices.

Overall Impact Score: 5/10

Key Focus: FOMC guidance and speculative positioning in key assets.