Week of Central Banks. Is there a new dovish wave?

Central banks begin one by one to show their dovish positions this year, given the economic data that continues to disappoint.

This Wednesday we are expecting the Fed to publish its report from the previous FOMC. The expectation is that this report strengthens the belief among members that it is time to really stop at this stage at least the rises in the key interest rate.

In Europe, Mario Draghi and chief economist of the ECB, Peter Praet, are only part of many Central bank bankers who will be presenting their statements this week. And at a time when the economy continues to fail to meet expectations. Their comments and the latest report of the ECB meeting on Thursday will give us an idea of ​​what potential monetary policy plans might be in March, particularly whether they intend to lend new loans to banks.

Elsewhere, Bank of Canada President Stephen Poloz has a statement Thursday, and Philip Lowe, President of the Reserve Bank of Australia, will make a preliminary statement Friday. Investors will look for whether Canada will consolidate its stance on deterring the policy of raising interest rates. After Lowe we will find out how negative the effects of the Australian economy will affect the bank's policy.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.

Read more:

• Risk off after the escalation in the Middle East, markets are recovering in a period of calm
• The macroeconomic events for today’s trading calendar
• The US government has confirmed the attacks, Trump is calling an emergency staff meeting
• Has the war between Iran and the US started?
• US markets remain under pressure, traders await Iran’s response