Daily Market Overview - March 31, 2026

Today in the financial markets brings anticipation for two significant reports that may impact trading volatility. At 14:30 (Warsaw time), the Canadian GDP growth report for February will be released. Forecasts indicate no growth, which could be interpreted as a signal of a weakening economy, especially after the previous reading of 0.2%. Then, at 16:00 (Warsaw time), we will learn the data regarding job openings in the U.S. (JOLTS), where the market expects a slight decrease to 6.89 million from 6.95 million previously.

In the context of this week, Monday brought a speech from Fed Chair Jerome Powell, which significantly impacted the markets, especially in light of the current extreme fear sentiment. Investors are eagerly awaiting today's data, which may provide new insights into the state of the economy. It is worth noting that yesterday's events did not bring significant changes to the assessment of the economic situation, which means that today's releases will be analyzed for their impact on future monetary policy decisions.

Traders should pay attention to the publication times of reports today, particularly at 14:30 (Warsaw time) and 16:00 (Warsaw time). These results may introduce volatility, especially if they deviate from forecasts. It is important to monitor market reactions, as they may signal a changing investor sentiment, particularly in the context of the still-present extreme fear. Today's data may also serve as a clue ahead of tomorrow's ADP Non-Farm Employment Change report, which will be another key point on the macroeconomic map.

The current sentiment in the markets remains in the extreme fear zone, as reflected by the Fear & Greed Index at 9/100. Such a low value indicates a dominance of pessimism among investors, who are concerned about further declines and economic instability. Jerome Powell's speech yesterday failed to dispel these fears, which may affect today's market reaction to the released data. Any positive surprise in the macroeconomic data could trigger a short-term rebound; however, the overall trend of pessimism will be difficult to reverse without clear signals of economic improvement.