The main events of the day

Thursday, March 1, is full of data on business activity in the manufacturing sector. But the market will be focused on the second speech of the US Federal Reserve Chairman Powell.

At 01:30 – the index of manufacturing activity in Australia from AIG, the previous value is 58.7.

At 01:50 – the volume of investment in Japan (y/y), the forecast is 3.1%, the previous value is 4.2%.

At 02:30 – private new investments in Australia (q/q), the forecast is 0.9%, the previous value is 1.0%.

At 03:45 – the index of business activity in the manufacturing sector (PMI) of China from Caixin, the forecast is 51.3, the previous value is 51.5.

At 08:45 – Swiss GDP:
– Swiss GDP (q/q), the forecast is 0.5%, the previous value is 0.6%.
– Swiss GDP (y/y), the forecast is 1.8%, the previous value is 1.2%.

At 09:00 – data on real estate in the UK:
– Housing Price Index Nationwide in the UK (y/y), the forecast is 2.6%, the previous value is 3.2%.
– Housing Price Index Nationwide in the UK (m/m), the forecast is of 0.2%, the previous value is 0.6%.

At 10:15 – the volume of retail sales in Switzerland (y/y), the forecast is 1.1%, the previous value is 0.6%.

At 10:30 – the index of PMI business activity of Switzerland from SVME, the forecast is 64.0, the previous value is 65.3.

At 10:55 – the index of business activity in the manufacturing sector (PMI) of Germany, the forecast is 60.3, the previous value is 60.3.

At 11:00 – the index of business activity in the manufacturing sector (PMI) of the euro area, the forecast is 58.5, the previous value is 58.5.

At 11:30 – the index of business activity in the manufacturing sector (PMI) of Great Britain, the forecast is 55.1, the previous value is 55.3.

At 12:00 – the unemployment rate in the euro area, the forecast is 8.6%, the previous value is 8.7%.

At 15:30 – a news block on the US:
– Basic price index of personal consumption expenditure in the USA (m/m), the forecast is 0.3%, the previous value is 0.2%.
– The basic price index of spending on personal consumption in the US (y/y), the forecast is 1.5%, the previous value is 1.5%.
– The number of initial applications for unemployment benefits in the US, the forecast is 226K, the previous value is 222K.
– Expenses of individuals in the USA (m/m), the forecast is 0.2%, the previous value is 0.4%.

Also, at 15:30 – the current account of the balance of payments of Canada, the forecast is -17.8D, the previous value is -19.4D.

At 16:45 – the index of business activity in the manufacturing sector (PMI) of the United States, the forecast is 55.9, the previous value is 55.5.

At 17:00 – the speech of the head of the US Federal Reserve, Mr. Powell.

Also, 17:00 – data on business activity in the US:
– The index of employment in the manufacturing sector of the US from ISM, the forecast is 57.0, the previous value is 54.2.

Hanzenko Anton