Daily Market Overview - March 30, 2026

Today in the financial markets, although seemingly calm, carries one key event that could introduce significant volatility – at 16:30 (Warsaw time), Fed Chair Jerome Powell will be speaking. His speeches always attract the attention of investors, as they may contain important insights regarding future monetary policy. In the context of the current extreme fear in the market, as indicated by the Fear & Greed Index at 10/100, every word from Powell could have profound repercussions.

In the context of recent days, it is worth recalling that last week brought many changes that may have seemed subtle but had a significant impact on the markets. In particular, last week resembled autumn – full of non-obvious transitions that required investors' vigilance. Today's speech by Powell fits into this narrative as a potential factor that could break the stable, albeit uncertain, market sentiment.

Traders should pay special attention to Powell's speech at 16:30 (Warsaw time), as it may trigger sudden market changes, especially in the context of current expectations regarding interest rates, which remain at 3.50-3.75%. It is also important to keep in mind the upcoming events this week, such as tomorrow's Canadian GDP data and Friday's U.S. labor market reports, which could significantly impact further investment decisions.

The current market sentiment, classified as extreme fear, indicates significant concerns among investors regarding the future of the economy. The shift in sentiment over the past few weeks shows that markets remain sensitive to any information coming from the economy, and the stability of this fear (-5 points) suggests that investors are not convinced about the direction in which monetary policy is heading. Powell's speech today could therefore be a key catalyst for a change in sentiment, depending on whether his remarks are perceived as more hawkish or dovish.