The main events of the day

Monday, March 5, is full of statistics on activity in the services sector. Also, on this day, the market will await the results of the parliamentary elections in Italy. 

At 02:30 – data on Australia:
– Permits for construction in Australia (m/m), the forecast is 5.0%, the previous value is -20.0%.
– Gross profit of companies (q/q) of Australia, the forecast is 2.0%, the previous value is -0.2%.

At 03:45 – the index of business activity in the service sector (PMI) of China from Caixin, the previous value is 54.7.

At 10:55 – the index of business activity in the German services sector, the forecast is 55.3, the previous value is 55.3.

At 11:00 – data on business activity in the euro area:
– Composite index of business activity (PMI) from Markit in the euro area, the forecast is 57.5, the previous value is 57.5.
– The index of business activity in the services sector in the euro area, the forecast is 56.7, the previous value is 56.7.

At 11:30 – the index of business activity in the services sector of Great Britain, the forecast is 53.4, the previous value is 53.0.

At 12:00 – the volume of retail sales in the euro area (m/m), the forecast is 0.7%, the previous value is -1.1%.

At 16:45 – data on business activity in the US:
– Composite index of business activity (PMI) in the US from Markit, the forecast is 55.9, the previous value is 55.9.
– The index of business activity (PMI) in the US services sector, the forecast is 55.9, the previous value is 55.9.

At 17:00 – data on activity in the non-manufacturing sector of the United States:
– The index of employment in the non-manufacturing sector (ISM) of the United States, the previous value is 61.6.
– The index of business activity in the non-manufacturing sector (PMI) of the United States from ISM, the forecast is 59, the previous value is 59.9.

Hanzenko Anton