Week InAdvance: March 28, 2022
Sun Mar 27 ICYMI: British Summer Time and European Daylight Saving Time began. | Mon Mar 28 U.S. budget proposal. | Tue Mar 29 Joint WCO-WTO webinar. | Wed Mar 30 House hearing on stock exchange oversight. | Thu Mar 31 OPEC+ meetings. CFTC chair in the House. | Fri Apr 1 Europe-EU virtual summit with China. U.S. jobs report. | Sat Apr 2 Muslim month of Ramadan begins.
Brussels and Beijing hold a virtual summit as the war in Ukraine grinds into a second month. The European Union is expected to reinforce the U.S. warning that China would face serious consequences if it tried to cushion the blow of sanctions against Russia.
March consumer price readings from major European countries are in focus after the European Central Bank warned that eurozone inflation could reach 7.1% under a “severe” scenario.
The U.S. budget proposal on Monday will include new economic assumptions as the nation enters a new phase of the coronavirus response and grapples with high inflation.
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