This Week in Macro: Seven Major Central Banks Take Turns "Bombing" the Market, NVIDIA GTC 2026 Conference Held

BlockBeats News, the three-party conflict among the US, Iran, and Israel has entered its third week, and the ongoing turmoil in the energy commodities market is evolving into a major issue. In short, rising oil prices imply inflation, which in turn weakens corporate profitability, ultimately leading the market into a tough battle. As we enter this week, seven major central banks will announce their interest rate decisions, and the market will struggle forward in great uncertainty.

The market is most focused on the Fed:

Thursday 02:00, the Fed's FOMC announces its interest rate decision and economic projections summary;

Thursday 02:30, Fed Chair Powell holds a monetary policy press conference.

The market broadly expects Fed policymakers to keep rates unchanged at the upcoming meeting. The latest macro developments have completely altered the Fed's rate outlook. Thursday's meeting will be Powell's penultimate meeting, so a balanced and cautious tone is expected to dominate. Nevertheless, everyone's attention will be on the Summary of Economic Projections (SEP) and the dot plot, as expectations for two rate cuts have diminished following the recent surge in oil prices.

Additionally, Tuesday 11:30, the RBA announces its interest rate decision; Wednesday 21:45, the Bank of Canada announces its interest rate decision; Thursday TBA, the Bank of Japan announces its interest rate decision; Thursday 16:30, the Swiss National Bank announces its interest rate decision; Thursday 20:00, the Bank of England announces its interest rate decision and meeting minutes; Thursday 21:15, the ECB announces its interest rate decision.

The interest rate decisions of the above-mentioned major global economies will also have an unpredictable impact on market funds flow.

This week's important economic data to be released include:

Monday 21:15, US February industrial production month-over-month;

Wednesday 04:30, US API crude oil stock for the week ending March 13;

Wednesday 20:30, US February PPI YoY, US February PPI MoM;

Thursday 20:30, US initial jobless claims for the week ending March 14, US March Philly Fed manufacturing index;

Economic data from the US and Europe will be densely released, with the US February Producer Price Index (PPI), Eurozone February Consumer Price Index (CPI) final figure, US initial jobless claims for the week ending March 14, and March Philly Fed manufacturing index being closely watched by the market. These indicators will further reveal the inflation transmission path, labor market resilience, and manufacturing recovery strength, exerting a significant impact on Fed and ECB policy expectations and global asset pricing.

Finally, NVIDIA GTC 2026 Conference will take place in San Jose, California from March 16 to 19:

This is the most anticipated annual event in the AI field. The conference will center around Jensen Huang's opening keynote, expected to cover AI full-stack updates, including chips, software, models, and applications, with themes revolving around Physical AI, Agentic AI, AI Factories, Inference, and Accelerated Computing. The market is highly anticipating Jensen Huang's teaser of the "world-shocking new chip," potentially involving a new architecture optimized for inference and agentic AI, such as a potential Language Processing Unit (LPU) or a Groq-style low-power inference chip, aiming to address Token costs, ROI, and energy efficiency bottlenecks.