This week, investors' attention is focused on the report on the U.S. employment for February, the development of the situation with the U.S. suggested import duties, as well as on the results of the central banks’ meetings in Europe and Japan.
Monday, March 5. There will be the publications of Caixin China Services PMI, UK Manufacturing PMI, ISM U.S. Non-Manufacturing PMI. Besides, on Monday, there will be Fed’s Quarles speech at the meeting in Washington.
Tuesday, March 6. Australia’s Retail Sales and Current Account Balance will be reported. Besides, there will be RBA Interest Rate Decision and RBA Monetary polkicy statement, released the same day. The latter contains commentaries regarding the country’s economic outlook and the key factors, influenced the RBA monetary policy.
Wednesday, March 7. There will be published Australia's GDP for the fourth quarter of 2017, UK Houses Prices change, and ADP U.S. Employment change for February. The data on trade balnce will be released in Canada and the USA. Besides, the Bank of Canad will release its Interest Rate Decision and its Rate Statement the same day.
Thursday, March 8. The data on Trade balance will be released in China and Australia, Canada will report on New Housing Price Index, and the U.S. Department of Labour will report on Initial Jobless Claims. Investors attention will be the most focused on the ECB meeting that will announce its monetary policy statement, followed by Mario Draghi’s press conference.
Friday, March 9. There will be released the data on China’s Consumer Price Index and Produce Price Index. The same day, there will be Bank of Japan Policy Statement and its Interest Rate Decision. Besides, there will be the publications of UK Manufacturing Production and Trade Balance, Canada’s monthly report on employment. The week will be finished with the anticipated reports on the U.S. Nonfarm Payrolls and Unemployment Rate for February