market news report

paul-rejczak

Market News Report: March 2, 2020 - March 6, 2020

March 2, 2020, 8:21 AM Paul Rejczak

Stocks and oil were crashing and the price of gold was rallying last week. The financial markets went full risk-off following corona virus scare. This week we will have some quite important releases including Friday's U.S. monthly jobs report, but will the economic data move markets more than virus news? Let's take a look at the details.

The week behind

Last week's economic data releases have been overshadowed by the ongoing corona virus crisis. The gold price rallied and the stock market basically crashed. And series of economic data releases in the U.S. didn't help much. Tuesday's CB Consumer Confidence was slightly worse than expected, However, in the following days the data releases were actually better than expected or in line with expectations. Overall, financial markets went full risk-off last week and the most important news was about COVID-19 virus and its potential global impact.

The week ahead

What about the coming week? The financial markets will await Friday's U.S. Nonfarm Payrolls number release. It is supposed to be the most important economic data release of the week. Then there will be ISM Manufacturing and Non-Manufacturing PMI numbers releases on Monday and Wednesday. On Wednesday, we will also get the ADP Non-Farm Employment Change. The currency traders will await this week's economic data releases from Australia and Canada. Last but not least, the coming week will be very important for the oil market. Let's take a look at key highlights:

  • Friday's Nonfarm Payrolls along with Unemployment Rate will be the most important economic data releases this week.
  • On Monday we will get the ISM Manufacturing PMI and on Wednesday the ISM Non-Manufacturing PMI will be released.
  • Wednesday's ADP Non-Farm Employment Change number will be the first look at U.S. jobs market condition in February, before the mentioned Friday's monthly jobs data release.
  • This week we will also have some quite important economic data releases from Australia and Canada.
  • Oil traders will surely await Thursday's-Friday's OPEC Meetings.

You will find this week's the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don't result in bigger intraday moves, so unless one is engaging in a particularly active form of day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with "bold" events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.

Our Market News Report consists of two different time-related perspectives. The investors' perspective is only suitable for the long-term investments. The single economic data releases rarely cause major outlook changes. Hence, we will only see a handful of bold markings every week. On the other hand, the traders' perspective is for traders and day-traders, because the assets' prices are likely to react on a single piece of economic data. So, there will be a lot more bold markings on potentially market-moving news every week.

Investors' Perspective

Gold, Silver, and Mining Stocks

Monday, March 2

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, March 3

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

Crude Oil

Monday, March 2

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, March 3

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories

Thursday, March 5

  • All Day - OPEC Meetings

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • All Day - OPEC-JMMC Meetings

Stock Markets

Monday, March 2

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, March 3

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

EUR/USD

Monday, March 2

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, March 3

  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 1:30 p.m. Eurozone - German Buba President Weidmann Speech

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

USD/JPY

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

GBP/USD

Monday, March 2

  • 4:30 a.m. U.K. - Final Manufacturing PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change

Thursday, March 5

  • 12:00 p.m. U.K. - BOE Governor Carney Speech

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

USD/CAD

Monday, March 2

  • 9:30 a.m. Canada - Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, March 3

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 12:45 p.m. Canada - BOC Governor Poloz Speech

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. Canada - Ivey PMI

AUD/USD

Monday, March 2

  • 10:00 a.m. U.S. - ISM Manufacturing PMI
  • 7:30 p.m. Australia - Building Approvals m/m, Current Account
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement

Tuesday, March 3

  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Thursday, March 5

  • 7:30 p.m. Australia - Retail Sales m/m

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

Traders' Perspective

Gold, Silver, and Mining Stocks

Monday, March 2

  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement

Tuesday, March 3

  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, PPI m/m, Unemployment Rate
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 1:30 p.m. Eurozone - German Buba President Weidmann Speech
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 12:45 p.m. Canada - BOC Governor Poloz Speech
  • 7:30 p.m. Australia - Retail Sales m/m
  • 8:45 p.m. U.S. - FOMC Member Williams Speech

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 10:00 a.m. Canada - Ivey PMI
  • 2:00 p.m. U.S. - FOMC Member Williams Speech

Crude Oil

Monday, March 2

  • 9:30 a.m. Canada - Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 7:30 p.m. Australia - Building Approvals m/m, Current Account
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement

Tuesday, March 3

  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, PPI m/m, Unemployment Rate
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 1:30 p.m. Eurozone - German Buba President Weidmann Speech
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 12:45 p.m. Canada - BOC Governor Poloz Speech
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 7:30 p.m. Australia - Retail Sales m/m
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech
  • All Day - OPEC Meetings

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 10:00 a.m. Canada - Ivey PMI
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m
  • All Day - OPEC-JMMC Meetings

Stock Markets

Monday, March 2

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m

Tuesday, March 3

  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, PPI m/m, Unemployment Rate
  • 10:00 a.m. U.S. - IBD/TIPP Economic Optimism
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 1:30 p.m. Eurozone - German Buba President Weidmann Speech
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech
  • All Day - OPEC Meetings

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m
  • All Day - OPEC-JMMC Meetings

EUR/USD

Monday, March 2

  • 3:15 a.m. Eurozone - Spanish Manufacturing PMI
  • 3:45 a.m. Eurozone - Italian Manufacturing PMI
  • 3:50 a.m. Eurozone - French Final Manufacturing PMI
  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m

Tuesday, March 3

  • 2:45 a.m. Eurozone - French Government Budget Balance
  • 3:00 a.m. Eurozone - Spanish Unemployment Change
  • 4:00 a.m. Eurozone - Italian Monthly Unemployment Rate
  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, PPI m/m, Unemployment Rate
  • 10:00 a.m. U.S. - IBD/TIPP Economic Optimism
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 2:00 a.m. Eurozone - German Retail Sales m/m
  • 3:15 a.m. Eurozone - Spanish Services PMI
  • 3:45 a.m. Eurozone - Italian Services PMI
  • 3:50 a.m. Eurozone - French Final Services PMI
  • 3:55 a.m. Eurozone - German Final Services PMI
  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 1:30 p.m. Eurozone - German Buba President Weidmann Speech
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 5:00 a.m. Eurozone - French 10-y Bond Auction
  • 5:00 a.m. Eurozone - Spanish 10-y Bond Auction
  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech

Friday, March 6

  • 2:00 a.m. Eurozone - German Factory Orders m/m
  • 2:45 a.m. Eurozone - French Trade Balance
  • 4:00 a.m. Eurozone - Italian Retail Sales m/m
  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m

USD/JPY

Monday, March 2

  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 6:50 a.m. Japan - Monetary Base y/y
  • 7:30 p.m. Australia - Building Approvals m/m, Current Account
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement
  • 10:35 p.m. Japan - 10-y Bond Auction

Tuesday, March 3

  • 12:00 a.m. Japan - Consumer Confidence
  • 10:00 a.m. U.S. - IBD/TIPP Economic Optimism
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 2:00 p.m. U.S. - Beige Book
  • 10:35 p.m. Japan - 30-y Bond Auction

Thursday, March 5

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 6:30 p.m. Japan - Average Cash Earnings y/y, Household Spending y/y
  • 7:30 p.m. Australia - Retail Sales m/m
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech

Friday, March 6

  • 12:00 a.m. Japan - Leading Indicators
  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m

GBP/USD

Monday, March 2

  • 4:30 a.m. U.K. - Final Manufacturing PMI, M4 Money Supply m/m, Mortgage Approvals, Net Lending to Individuals m/m
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m

Tuesday, March 3

  • 4:30 a.m. U.K. - Construction PMI
  • 5:00 a.m. Eurozone - CPI Flash Estimate y/y, Core CPI Flash Estimate y/y, PPI m/m, Unemployment Rate
  • 2:50 p.m. U.S. - FOMC Member Mester Speech

Wednesday, March 4

  • 4:30 a.m. U.K. - Composite PMI, Final Services PMI
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 2:00 p.m. U.S. - Beige Book
  • 7:01 p.m. U.K. - BRC Retail Sales Monitor y/y

Thursday, March 5

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:00 a.m. U.K. - MPC Member Haldane Speech
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 12:00 p.m. U.K. - BOE Governor Carney Speech
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech

Friday, March 6

  • 3:30 a.m. U.K. - Halifax HPI m/m
  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m

USD/CAD

Monday, March 2

  • 9:30 a.m. Canada - Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 7:30 p.m. Australia - Building Approvals m/m, Current Account
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement

Tuesday, March 3

  • 10:00 a.m. U.S. - IBD/TIPP Economic Optimism
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. Canada - Labor Productivity q/q
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 2:00 p.m. U.S. - Beige Book

Thursday, March 5

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 12:45 p.m. Canada - BOC Governor Poloz Speech
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 7:30 p.m. Australia - Retail Sales m/m
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech
  • All Day - OPEC Meetings

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 10:00 a.m. Canada - Ivey PMI
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m
  • All Day - OPEC-JMMC Meetings

AUD/USD

Monday, March 2

  • 12:30 a.m. Australia - Commodity Prices y/y
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 7:30 p.m. Australia - Building Approvals m/m, Current Account
  • 10:30 p.m. Australia - Cash Rate, RBA Rate Statement

Tuesday, March 3

  • 10:00 a.m. U.S. - IBD/TIPP Economic Optimism
  • 2:50 p.m. U.S. - FOMC Member Mester Speech
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 4:30 p.m. Australia - AIG Construction Index
  • 7:30 p.m. Australia - GDP q/q
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, March 4

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:00 a.m. Canada - Overnight Rate, BOC Rate Statement
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 2:00 p.m. U.S. - Beige Book
  • 7:30 p.m. Australia - Trade Balance

Thursday, March 5

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Unemployment Claims
  • 10:00 a.m. U.S - Factory Orders m/m
  • 12:45 p.m. Canada - BOC Governor Poloz Speech
  • 4:30 p.m. Australia - AIG Services Index
  • 6:30 p.m. U.S. - FOMC Member Kaplan Speech
  • 7:30 p.m. Australia - Retail Sales m/m
  • 8:00 p.m. U.S. - FOMC Member Kashkari Speech
  • 8:45 p.m. U.S. - FOMC Member Williams Speech
  • All Day - OPEC Meetings

Friday, March 6

  • 8:30 a.m. U.S. - Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings m/m, Trade Balance
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Trade Balance
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 10:00 a.m. Canada - Ivey PMI
  • 2:00 p.m. U.S. - FOMC Member Williams Speech
  • 3:00 p.m. U.S. - Consumer Credit m/m
  • All Day - OPEC-JMMC Meetings

Thank you.

Paul Rejczak
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care

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