Monday: ① Data – 22:00 US January Construction Spending (MoM); 23:00 Eurozone March Consumer Confidence Index (Preliminary); TBD China February Year-to-Date National Power Generation Capacity, National Power Generation Capacity Year-on-Year. ② Events

2026-03-23

Monday: ① Data – 22:00 US January Construction Spending (MoM); 23:00 Eurozone March Consumer Confidence Index (Preliminary); TBD China February Year-to-Date National Power Generation Capacity, National Power Generation Capacity Year-on-Year. ② Events – Domestic refined oil prices will be adjusted again; Huawei holds its Spring All-Scenario New Product Launch. ③ Financial Report – WuXi AppTec (02359.HK). Tuesday: ① Data – 07:30 Japan February Core CPI YoY; 16:15 France March Manufacturing PMI (Preliminary); 16:30 Germany March Manufacturing PMI (Preliminary); 17:00 Eurozone March Manufacturing PMI (Preliminary); 17:30 UK March Manufacturing PMI (Preliminary); 17:30 UK March Services PMI (Preliminary); 19:00 UK March CBI Retail Sales Balance; 21:45 US March S&P Global Manufacturing PMI (Preliminary); 21:45 US March S&P Global Services PMI (Preliminary); 22:00 US March Richmond Fed Manufacturing Index. ② Events – Speech by Reserve Bank of New Zealand Governor Brehman, speeches by several ECB Governing Council members. The Boao Forum for Asia Annual Conference 2026 will be held. ③ Financial Reports – China Telecom (00728.HK), Nongfu Spring (09633.HK), Xiaomi Corporation (01810.HK), Fosun Pharma (02196.HK), Haidilao (06862.HK), WuXi Biologics (02269.HK), SenseTime (00020.HK), Mixue Group (02097.HK). Wednesday: ① Data – 04:30 US API Crude Oil Inventories for the week ending March 20; 08:30 Australia February Unadjusted CPI YoY; 15:00 UK February CPI MoM; 15:00 UK February Retail Price Index MoM; 17:00 Germany March IFO Business Climate Index; 17:00 Switzerland March ZEW Investor Confidence Index; 20:30 US Q4 Current Account; 20:30 US February Import Price Index MoM; 22:30 US EIA Crude Oil Inventories, Cushing Crude Oil Inventories, and Strategic Petroleum Reserves for the week ending March 20. ② Events – Annual Meeting of the European Central Bank and its observers; Speech by ECB President Lagarde; 2026 Zhongguancun Forum Annual Meeting. ③ Earnings Reports – Hong Kong stocks include China Life Insurance (02628.HK), Kuaishou (01024.HK), Anta Sports (02020.HK), and Pop Mart (09992.HK). US stocks include Pinduoduo (PDD.O) and Zhihu (ZH.N). Thursday: ① Data – 15:00 Germany April GfK Consumer Confidence Index; 20:30 US Initial Jobless Claims for the week ending March 21; 22:30 US EIA Natural Gas Storage for the week ending March 20. ② Events – G7 Finance Ministers' Meeting, until March 27. World Trade Organization Ministerial Meeting, until March 29. ③ Holidays – National Stock Exchange of India closed. ④ Financial Reports— Ping An Insurance (02318.HK), China Mobile (00941.HK), Meituan (03690.HK), PICC Group (01339.HK), CNOOC (00883.HK), CITIC Securities (06030.HK), etc. Friday: ① Data— 08:01 UK March GfK Consumer Confidence Index; 15:00 UK February Seasonally Adjusted Retail Sales MoM; 22:00 US March University of Michigan Consumer Sentiment Index Final; 22:00 US March One-Year Inflation Expectations Final. ② Events—Speeches by Federal Reserve Vice Chairman Jefferson and 2027 FOMC Voting Member Daly. ③ Financial Reports – Industrial and Commercial Bank of China (01398.HK), China Construction Bank (00939.HK), BYD Electronic (00285.HK), PetroChina (00857.HK), Bank of Communications (03328.HK), GAC Group (02238.HK), China Merchants Bank (03968.HK), Tianqi Lithium (09696.HK), etc. Saturday: ① Data – 01:00 US Total Oil Rig Count for the Week Ending March 27. ② Event – CFTC Releases Weekly Position Report. Sunday: ① Many European countries begin observing Daylight Saving Time; trading hours in European financial markets and the release times of economic data will be one hour earlier than during standard time.