−20%−10%0+10%−2.9%−1×+2.9%+1×CPI release for February 2025: +0.2% on the month, core +0.2%Producer prices for February 2025: +0.2% on the monthRetail sales for February 2025: -0.2% on the monthFOMC: holdJobless claims for the week to Mar 22, 2025: 224,000 (+1k)Q1 2025 quarterly options expiryTrump announces reciprocal tariffs and a 10% baseline tariffJobless claims for the week to Mar 29, 2025: 219,000 (-5k)Trump announces a 90-day pause on reciprocal tariffsCPI release for March 2025: -0.1% on the month, core +0.1%Retail sales for March 2025: +1.7% on the monthJobless claims for the week to Apr 12, 2025: 215,000 (-8k)Jobless claims for the week to Apr 19, 2025: 222,000 (+7k)April 2025 monthly options expiry