SMM3 18: this week's data is not much, however, the world's major central banks will do something this week.

3.19

The RBA released the minutes of its March monetary policy meeting.

On the 5th of this month, the RBA announced a resolution on interest rates, keeping interest rates unchanged, in line with market expectations, and keeping interest rates unchanged for 27 consecutive months. The RBA said in a statement that potential inflation would rebound, with a benchmark forecast of 2 per cent in 2019 and 2.5 per cent in 2020.

3.20

The Bank of Japan released the minutes of its monetary policy meeting from January 22 to 23.

The BoJ, which left negative interest rates unchanged in January, also stood still at its policy meeting on March 15, while the BoJ will continue to buy JGBs at a rate of about 80 trillion yen a year. Japan has maintained ultra-low interest rates for about 20 years, inflation is still unable to meet the 2 per cent target, and QE policy has not been able to exit in time, as the number of children and aging continue to intensify, Japan's future prospects are slim.

3.20

British Prime Minister Theresa May submitted her Brexit agreement to parliament for the third time and voted on it.

With the close communication between the Democratic Unification Party in Northern Ireland and members of the cabinet of the British government, opposition to the agreement in the conservative party has swayed, the Brexit incident will take a turn for the better, and the parliament of the third Brexit agreement has had new hope of success.

3.21

The Federal Reserve announced its decision on interest rates, as well as economic expectations and a lattice chart of interest rate hikes.

All officials in the Federal Reserve are not very optimistic about the current prospect of raising interest rates. They are mainly speaking on the side of pigeons. There is a high probability that interest rates will not be raised this year. Here are some important messages from Fed officials.

3.21

The Bank of England announces interest rate decisions and minutes of meetings.

As Brexit enters its final stage, GDP growth in 2018 is the lowest since 2012. Facing the uncertainty of the international trade situation and the turmoil of the domestic political environment, the market generally expects the Bank of England to continue to stand still.