Calendar for the week

On Monday, March 4, a small amount of news will be released.

At 02:30 – data are available for Australia: construction permits (m/m) (January) and gross profit of companies (q/q) (Q4).
At 11:30 – index of business activity in the construction sector (Feb) in the UK will be announced.

On Tuesday, March 5, the day is full of data on business activity in the services sector.

At 03:45 – Caixin business activity index in the service sector (PMI) (Feb) of China will come out.
At 05:30 – the Reserve Bank of Australia will announce interest rate decision (March).
At 09:30 – Swiss consumer price index (CPI) (m/m) (Feb) will be announced.
At 10:55 – index of business activity in the German services sector (Feb) will be released.
At 11:00 – index of business activity in the services sector (Feb) in the eurozone will come out.
At 11:30 – index of business activity in the services sector (Feb) in the UK will be published.
At 16:45 – Markit Composite Business Activity Index (PMI) in the United States will be released.
At 17:00 – ISM employment index in the non-manufacturing sector (Feb) and ISM business index in the non-manufacturing sector (PMI) (Feb) in the United States and also Ivey business index (PMI) (Feb) in Canada will be released.
At 23:30 – API weekly crude oil inventories will be published in the United States.

On Wednesday, March 6, the focus will be on data on Australian GDP, the US employment and the results of the Bank of Canada meeting.

At 00:10 – the speech of the RBA Governor Lowe will take place.
At 02:30 – GDP of Australia will be announced (y/y) (Q4) .
At 15:15 – ADP nonfarm employment change (Feb.) will be released.
At 15:30 – data on the US trade balance will be published.
Also at 15:30 – labor productivity (q/q) (Q4) and trade balance (Dec) in Canada will be released.
At 17:00 – interest rate decision of the Bank of Canada will be announced.
At 17:30 – crude oil stocks in the United States.
At 21:00 – “Beige Book” of the US Federal Reserve will be released .

On Thursday, March 7, the economic calendar is full of statistics, among which the ECB meeting minutes is worth highlighting

At 02:30 – retail sales (m/m) (January) and the trade balance (January) of Australia will be published.
At 08:45 – unemployment rate in Switzerland will be released without seasonal changes (Feb) and the unemployment rate in Switzerland with seasonal changes (Feb).
At 12:00 – Eurozone GDP (y/y) (Q4) will be published.
At 14:45 – Eurozone interest rate decision (March) will be released.
At 15:30 – initial jobless claims in the USA, non-farm productivity level (q/q) (Q4) in the USA, building permits (m/m) (January) in Canada will be published and the ECB press conference will be held.

On Friday, March 8, the main event of the day will be the publication of the US employment report.

At 01:50 – data for Japan will be released: current account (seasonally adjusted), current account (non-seasonally adjusted) (January) and GDP (q/q) (Q4).
At 05:00 – trade balance (USD) (February) of China will be published.
At 09:00 – factory orders in Germany (m/m) will be announced (January).
At 15:15 – housing starts (February) in Canada will be announced.
At 15:30 – the US employment data will be released: average hourly earnings, building permits (m/m) (January), nonfarm payrolls (Feb), and unemployment rate (Feb).
Also at 15:30 – unemployment rate (Feb) in Canada will announce .
At 20:00 -number of Baker Hughes oil rigs in the United States will be released.

Hanzenko Anton

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