Next Week's Macro Outlook: Iran War Still Dominates Market Sentiment, Federal Reserve Minutes Worth Watching

Monday 22:00, US March ISM Non-Manufacturing PMI;
Tuesday 15:50-16:30, France/Germany/Eurozone/UK March Services PMI Final;
Tuesday 23:00, US March New York Fed 1-Year Inflation Expectations;
Wednesday 00:35, FOMC voting member and Chicago Fed President Goolsbee to speak on monetary policy;
Wednesday 17:00, Eurozone February PPI Monthly Rate, Eurozone February Retail Sales Monthly Rate;
Thursday 02:00, Federal Reserve releases monetary policy meeting minutes;
Thursday 20:30, US Initial Jobless Claims, US February Core PCE Price Index Year-over-Year, US February Personal Spending Monthly Rate, US Q4 Real GDP Annualized Quarterly Rate Final, US Q4 Real Personal Consumption Expenditures Quarterly Rate Final, US Q4 Core PCE Price Index Annualized Quarterly Rate Final, US February Core PCE Price Index Monthly Rate;
Friday 20:30, US March Unadjusted CPI Year-over-Year/Core CPI Year-over-Year, US March Seasonally Adjusted CPI Monthly Rate/Core CPI Monthly Rate;
Friday 22:00, US April One-Year Inflation Expectations Initial, US April University of Michigan Consumer Sentiment Index Initial, US February Factory Orders Monthly Rate.

Regarding the US Bureau of Labor Statistics releasing March CPI data on Friday, this will be the first inflation report to reflect the impact of the war. According to consensus expectations from FactSet, the overall CPI year-over-year increase is expected to jump from 2.4% to 3.1%.