Daily Market Overview - March 29, 2026

The upcoming week will certainly not allow investors a moment of respite. We start with events that could bring significant changes to the markets and end with data that may conclude the week with a strong impact. In light of recent observations, where extreme fear among investors has prevailed, any positive or negative surprise could further fuel emotions in the market.

Monday begins with a speech by Fed Chairman Jerome Powell at 16:30 (Warsaw time). His address will be crucial, particularly in the context of concerns regarding inflation and monetary policy. On Tuesday, at 14:30 (Warsaw time), we will receive GDP data from Canada, which will indicate the health of the country's economy. At 16:00 (Warsaw time), the JOLTS Job Openings data will provide insights into the U.S. labor market, which is significant in light of recent tensions in the employment sector.

Wednesday will bring several key reports that are sure to attract investors' attention. At 14:15 (Warsaw time), we will learn how employment in the private sector in the U.S. has changed (ADP Non-Farm Employment Change), and at 14:30 (Warsaw time), the focus will shift to retail sales, both overall and excluding autos. At 16:00 (Warsaw time), the ISM Manufacturing PMI will be released, providing insight into industrial activity in the U.S. In light of recent PMI data from Europe, any surprise could impact market sentiment.

Thursday will be a quieter day, with one main event - Unemployment Claims at 14:30 (Warsaw time). Although this data is singular, it may provide insights into the current state of the U.S. labor market, especially in the context of the upcoming employment data on Friday.

Friday will close the week with a bang, presenting data on unemployment and Non-Farm Employment Change at 14:30 (Warsaw time). Forecasts indicate a significant rebound in employment, which could strengthen the dollar if met. At the same time, data on average hourly earnings will show whether wage pressure is building, which will be an important signal for the Fed in the context of inflation.

Financial markets are entering a new week with a high degree of uncertainty. Recent data indicates a persistent extreme fear among investors, which may increase volatility in the coming days. Jerome Powell's appearance may provide clues regarding the future direction of Fed monetary policy, which will be crucial for investors trying to assess future movements in the bond and stock markets. Additionally, U.S. labor market data, both on Wednesday and Friday, will be closely monitored to understand employment and wage dynamics, which directly impact inflation expectations and Fed decisions.