⚠️ Key Events This Week

Focus: growth, inflation, and Iran tensions. Oil is key, especially after Trump’s 48-hour ultimatum on the Strait of Hormuz.

🔴 Tuesday
● March S&P Global Services PMI – signals service sector strength or slowdown.

🔴 Wednesday
● US Crude Oil Inventory – reflects oil supply/demand; impacts prices and inflation.

🟡 Thursday
● Initial Jobless Claims – labor market pulse. Rising = cooling, stable = strength.

🟡 Friday
● March MI Consumer Sentiment & Inflation Expectations – show economic outlook and spending behavior. Crucial for Fed policy.

Main focus: Tuesday’s PMI and Iran-driven oil moves.

#Oil #Inflation #Fed

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