Economic calendar: Quiet start to a busy week

• European indices open slightly higher
• Final CPI data from euro area
• Rate decisions from Fed, BoJ and others this week

European indices launched today's cash session slightly higher. This comes in spite of an upbeat Asia-Pacific session, during which the majority of indices from the region gained. Nikkei rallied over 2% as JPY weakened. Bitcoin climbed back above $68,000 mark after a recent correction. CAD and NZD are the best performing major currencies, while JPY and CHF lag the most.

Economic calendar for the day ahead is light. Traders will be offered final CPI reading for February from euro area as well as Polish core CPI inflation data for February. There are no reports from the United States scheduled to be released. However, things get much more interesting later into the week, with a marathon of central bank rate decisions. Fed and Bank of Japan will draw the most attention, but they are not the only ones scheduled for this week.

10:00 am GMT - Euro area, CPI inflation for February (final).

• Headline. First release: 2.6% YoY
• Core. First release: 3.1% YoY

1:00 pm GMT - Poland, core CPI inflation for February. Expected: 5.2% YoY

Central bankers' speeches

• 4:00 pm GMT - ECB Centeno

Key events to watch in the later part of the week:

Tuesday

• Usually around 3:00 am GMT - Bank of Japan rate decision
• 3:30 am GMT - RBA rate decision
• 10:00 am GMT - German, ZEW index for March
• 12:30 pm GMT - Canada, CPI inflation for February
• 12:30 pm GMT - US, housing market data for February
• 8:40 pm GMT - API report on oil inventories

Wednesday

• 1:15 am GMT - PBoC rate decision
• 7:00 am GMT - UK, CPI inflation for February
• 1:30 pm GMT - Czech National Bank rate decision
• 2:30 pm GMT - DOE report on oil inventories
• 6:00 pm GMT - FOMC rate decision

Thursday

• 0:30 am GMT - Australia, jobs report for February
• 8:15 am GMT - France, flash PMIs for March
• 8:30 am GMT - Germany, flash PMIs for March
• 8:30 am GMT - SNB rate decision
• 9:00 am GMT - Euro area, flash PMIs for March
• 9:00 am GMT - Norges Bank rate decision
• 9:30 am GMT - UK, flash PMIs for March
• 11:00 am GMT - CBRT rate decision
• 12:00 pm GMT - BoE rate decision
• 1:45 pm GMT - US, flash PMIs for March
• 2:30 pm GMT - EIA natural gas storage report

Friday

• 7:00 am GMT - UK, retail sales for February
• 9:00 am GMT - Germany, Ifo index for March
• 12:30 pm GMT - Canda, retail sales for January