Key Indicators for This Week

Asia

On Monday, the Australian retail sales figures for January will be published. In addition, Japan announces the figures for industrial production and retail sales for January. In addition, India announces GDP figures for the third quarter of 2021.

On Tuesday, Japan’s service PMI, China’s manufacturing PMI, and the Caixin manufacturing PMI for February will follow. In addition, the Reserve Bank of Australia will announce its interest rate decision for March.

In South Korea and India, Tuesday is a public holiday.

Then on Wednesday, Australia will announce the GDP figures from Q4 2021. A decline of 2.7% is expected.

On Thursday, China will publish the Caixin Service PMI for February and Australia will publish the building permits for the month of January.

The week ended on Friday with CPI figures from South Korea and Thailand for the month of February.

The U.S.

On Tuesday, PMI and ISM data, manufacturing, and services sectors will be released.

On Wednesday, U.S. President Biden will give a speech. In addition, the ADP Nonfarm Employment Change for February will be released and the crude oil inventory change last week will be revealed.

On Thursday, January factory orders, weekly initial jobless claims, and the Fed’s Beige Book will follow. The ISM non-manufacturing PMI for February will also be released. Thursday is also the day when Fed Chairman Powell testifies.

On Friday, the unemployment rate and nonfarm payroll numbers for the month of February will be released.

Europe

In Europe, manufacturing PMI data from Germany for the month of February will be released on Tuesday. The UK also announces its manufacturing PMI for February.

On Wednesday, Germany will announce the unemployment change in February. The EU will reveal the CPI figures for February and the UK will publish the annual budget.

Then on Thursday, the UK publishes the figures for the PMI from the services sector and the Composite PMI for February.

On Friday, the UK will announce the construction PMI for February.

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