The main events of Friday!

On Friday, March 1, the day is full of data on business activity in the manufacturing sector (PMI) in the eurozone, the UK and the USA. Also this day data on employment in Germany, inflation in the euro area and Canada’s GDP are worth highlighting.

At 00:30 – the AIG production index (Feb) in Australia will be released, previous value 52.5.

At 01:30 – data on Japan will be released:
– Jobs/application ratio  (January), forecast  1.63,  previous value 1.63.
– Core consumer price index (CPI) in Tokyo (y/y) (Feb), forecast 1.0%,  previous value  1.1%.
– Capital spending (y/y) (Q4),  forecast  4.5%,  previous value 4.5%.

At 3:15 – a speech will be made by the Fed Chairman Mr. Powell.

At 03:45 – Caixin  manufacturing business index (PMI) (February) of China will be announced, forecast 48.7,  previous value 48.3.

At 09:30 – retail sales in Switzerland (y/y) (January) will be published,  forecast 0.3%, previous value  -0.3%.

At 10:30 – SVME business PMI index of Switzerland  will be released (Feb),  forecast  53.6,  previous value 54.3.

At 10:55 – the data for Germany will be released:
– Index of business activity in the manufacturing sector (PMI) of Germany (Feb), forecast 47.6, previous value 47.6.
– German unemployment change (Feb), forecast -5K,  previous value -2K.
– German unemployment rate (Feb), forecast 5.0%,  previous value 5.0%.

At 11:00 – release the index of business activity in the manufacturing sector (PMI) (Feb) in the eurozone, forecast 49.2,  previous value 49.2.

At 11:30 –  manufacturing business index (PMI) (Feb) of the UK will be announced,  forecast  52.0, previous value  52.8.

At 12:00 – data for the euro area:
– Core Consumer Price Index (CPI) (y/y) (Feb), forecast 1.1%, previous 1.1%.
– Consumer price index (CPI) (y/y) (Feb), forecast 1.5%, previous 1.4%.
– Unemployment rate (January), forecast 7.9%,  previous value  7.9%.

At 15:30 – US data will be published:
– Core price index of personal consumption expenditures (y/y) (December), forecast is 1.9%,  previous value 1.9%.
– Core price index for personal consumption expenditures (m/m) (December), forecast 0.2%, previous value 0.1%.
– Personal spending (m/m) (December), the forecast of -0.2%, the previous value of 0.4%.

Also at 15:30 – Canada’s GDP data will be released:
– GDP (q/q) (Q4),  previous value of 0.5%.
– GDP (y/y),  forecast of 1.4%,  previous value  1.7%.
– GDP (m/m) (December), the forecast 0.0%,  previous value  -0.1%.
– Changes in the volume of GDP for the year (q/q) (Q4),  forecast  1.2%,  previous value 2.0%.

At 16:45 – index of business activity in the manufacturing sector (PMI) (Feb) in the United States will be announced, forecast  53.7,  previous value  53.7.

At 17:00 – the US data will be released:
– ISM employment index in the manufacturing sector  (Feb),  previous value  55.5.
– ISM index of business activity in the manufacturing sector (PMI) (Feb), forecast 55.5, previous value  56.6.
– Michigan Index of consumer expectations (Feb), previous value  86.2.
– Michigan Consumer sentiment index (Feb), forecast 95.7,  previous value of 95.5.

At 20:00 – the number of Baker Hughes oil rigs in the USA will be announced, previous value 853.

Hanzenko Anton