Markets and investors are in for a busy day as several central banks take center stage with key rate decisions and speeches from top policymakers. Here’s what’s on the agenda:

European Central Bank (ECB) Speakers

The ECB will have a strong presence today with multiple officials scheduled to speak. Markets will closely analyze these speeches for any clues on the future of monetary policy:

• Christine Lagarde (ECB President) – 8:00 AM
• Mario Centeno & Joachim Nagel – 11:00 AM
• Philip Lane & Klaas Knot – 12:00 PM
• François Villeroy de Galhau – 1:00 PM & 3:15 PM
• Robert Holzmann – 2:30 PM

Swiss National Bank (SNB) & Riksbank Decisions

Two major central banks will announce their latest rate decisions:

• SNB & Riksbank – 8:30 AM
• SNB’s Martin Schlegel speaks – 9:00 AM

These decisions will impact currency markets, particularly the Swiss franc and the Swedish krona, as traders assess the banks’ stance on inflation and economic stability.

Bank of England (BoE) Rate Decision

The BoE will announce its latest rate decision at 12:00 PM, with markets closely watching for any shifts in policy amid ongoing inflation concerns and economic uncertainties in the UK.

Bank of Canada (BoC) Governor Speaks

The BoC’s Governor, Tiff Macklem, will be speaking twice today:

• 4:50 PM
• 6:10 PM

Given the evolving economic landscape in Canada, investors will be looking for any insights on the BoC’s approach to inflation and interest rate policies.

What to Watch For

With multiple high-profile events scheduled, traders and analysts will be paying close attention to any signals regarding future monetary policy. Will central banks continue their tightening cycles, or will economic headwinds force a more dovish approach?