Nightly $SPY / $SPX Scenarios for March 18, 2025 🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸🏛️ Federal Reserve Meeting Commences 🏛️: The Federal Open Market Committee (FOMC) begins its two-day policy meeting on March 18, with a decision on interest rates expected on March 19. While markets anticipate that the Fed will maintain current rates between 4.25% and 4.5%, investors will closely monitor the meeting for any signals regarding future monetary policy directions.
🇨🇳📊 China's Economic Data Release 📊: China is set to release key economic indicators, including retail sales and industrial production figures for February. These data points will offer insights into the health of the world's second-largest economy and could have ripple effects on global markets, including the U.S.
📊 Key Data Releases 📊:
📅 Tuesday, March 18:
🏠 Housing Starts (8:30 AM ET) 🏠:This report measures the number of new residential construction projects begun during the month, providing insight into the housing market's strength.
Forecast: 1.31 million units (annualized)
Previous: 1.34 million units
🏢 Building Permits (8:30 AM ET) 🏢:This data indicates the number of permits issued for new construction projects, serving as a leading indicator for future housing activity.
Forecast: 1.35 million units (annualized)
Previous: 1.36 million units
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
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