This Week's Macro Outlook: Energy Trends Take Center Stage, Inflation Data Steps Back

This Week's Macro Outlook: Energy Trends Take Center Stage, Inflation Data Steps Back

2026-03-09 08:53

ChainThink News, March 9: The surge in oil prices has largely driven capital flows in the $31 trillion U.S. Treasury market. WTI crude opened today with gains exceeding 20%, breaking above $110 per barrel, making the direction of the oil market the new focal point, while economic data takes a back seat. Here are the key events to watch this week (all times in Beijing Time):


Monday 23:00, U.S. 2024 February New York Fed One-Year Inflation Expectations;

Wednesday 20:30, U.S. February Year-over-Year Nonseasonally Adjusted CPI, Year-over-Year Core CPI; February Month-over-Month Seasonally Adjusted CPI, Seasonally Adjusted Core CPI;

Friday 15:00, UK January Three-Month GDP MoM, January Manufacturing/Industrial Output MoM, January Seasonally Adjusted Trade Balance in Goods;

Friday 20:30, U.S. January Core PCE Price Index YoY/MoM, January Personal Spending MoM, Q4 2023 Real GDP Annualized Rate Revision, January Durable Goods Orders MoM;

Friday 22:00, U.S. January JOLTs Job Openings, U.S. March One-Year Inflation Expectations Initial Reading, U.S. March University of Michigan Consumer Sentiment Index Initial Reading.


The U.S. API and EIA Crude Oil Inventories will be released on Wednesday, while OPEC will publish its Monthly Oil Market Report on Wednesday as well. The IEA will release its Monthly Oil Market Report on Thursday. Additionally, Oracle (ORCL.N) will report earnings after market close on Tuesday.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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