The U.S. Federal Reserve will start its March FOMC meeting on Tuesday, while the BOJ and RBA will also be holding monetary policy meetings this week.
Asia-Pacific markets rose Monday ahead of a slew of economic data from China, with investors also focused on a week full of central bank meetings.
In Asia, the Reserve Bank of Australia is expected to keep its cash rate steady at 4.35% when it concludes its meeting on Tuesday. On Friday in the U.S., all three indexes fell on Friday as inflation concerns remain front and center ahead of the Federal Reserve's policy meeting.A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018.Consumer sentiment survey misses estimate for MarchCustomers shop at a Costco store on August 31, 2023 in Novato, California.
The Survey of Consumers posted a reading of 76.5, down 0.4 points from February and missing the Dow Jones consensus estimate for 77.4.
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