Economic calendar: Rate decisions from Norway, Turkey and United Kingdom

• European markets seen opening higher

• Rate decisions from Norges Bank, CBRT and BoE

• US jobless claims seen at 700k

The Fed refrained from making any changes to settings of the monetary policy. Moreover, dot-plot showed that in spite of inflation concerns and increase in market rates, Fed members did not see a rate hike through 2023. European stock markets are seen opening higher but off the overnight highs. Nevertheless, futures still point for DAX to open at a record level.

When it comes to releases scheduled for today, investors will be offered more central bank decisions. Norges Bank, CBRT and Bank of England will announce their moves today with BoE being the most important for markets. Still, NOK and TRY may experience some volatility once Norges Bank and CBRT make a move.

9:00 am GMT - Norges Bank rate decision

9:00 am GMT - Poland, industrial production for February. Expected: 3.9% YoY. Previous: 0.9% YoY

11:00 am GMT - CBRT rate decision.

12:00 pm GMT - Bank of England rate decision.

12:30 pm GMT - US, Philly Fed index for March. Expected: 23. Previous: 23.1

12:30 pm GMT - US, jobless claims. Expected: 700k. Previous: 712k

2:30 pm GMT - EIA natural gas storage. Expected: -50 bcf

Central bankers' speeches

• 8:00 am GMT - ECB President Lagarde

• 11:00 am GMT - ECB President Lagarde

• 1:10 pm GMT - ECB de Guindos