Daily Market Overview - March 12, 2026

Today, the financial markets are awaiting two significant events that could impact volatility, particularly for the British pound and the US dollar. At 10:30 (Warsaw time), Bank of England Governor Andrew Bailey will speak, which always attracts investors' attention as his comments may shed new light on future monetary policy decisions. Subsequently, at 13:30 (Warsaw time), data on US unemployment claims will be released. The forecast suggests a slight increase to 214,000, which may indicate stabilization in the labor market.

In the context of this week's events, yesterday's inflation data from the USA met expectations, which may have somewhat reassured investors; however, the Fear & Greed index remains low, indicating persistent fear in the markets. On Monday and Tuesday, there was a lack of key data, which somewhat lulled the markets, but today's reports may reignite volatility, especially in light of the upcoming FOMC meeting next week.

Traders should pay special attention to the times 10:30 (Warsaw time) and 13:30 (Warsaw time), when the highest volatility is expected due to the speech by the BOE governor and the release of data from the USA. In the current climate of fear in the markets, any new information can significantly impact investment decisions, so it is important to stay alert and prepared for potential surprises.

The current market sentiment remains in a state of fear, as reflected by the Fear & Greed Index at 27/100. This caution among investors is evident in their behavior, where protective actions dominate over aggressive investments. Yesterday's inflation data from the U.S., although in line with forecasts, did not significantly change the mood, which may indicate that investors are waiting for more decisive signals from the economy. In the context of the upcoming FOMC meeting, the market remains sensitive to any changes in interest rate expectations.