- U.S. ISM Manufacturing PMI (February) (March 1st at 15:00 GMT)
January’s ISM Manufacturing PMI printed at 58.7. The consensus forecast for February is 58.9.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- The Reserve Bank of Australia Meeting (March 2nd at 3:30 GMT)
Current rates in Australia are 0.10%. The bank is expected to leave rates unchanged.
Possible Influence: Volatile AUD
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (February) (March 5th at 13:30 GMT)
The Unemployment rate for January was 6.3%. It is expected to rise to 6.4% in February. Non-Farm Payrolls are expected to print up 148,000 for February, up from a rise of 49,000 in January.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- OPEC and OPEC+ Meeting (March 4th and 5th, tentative)
OPEC will discuss whether to restore upto 500,000 bpd of production from April and Saudi Arabia that favours maintaining cuts will make a decision on whether to continue its current output cut of 1 million bpd.
Possible Influence: Volatile Brent and Crude Oil (WTI) prices
- Bank of Canada Meeting (March 9th at 15:00 GMT)
The current rate is 0.25% and is expected to remain the same.
Possible Influence: Volatile CAD
- Inflation data in US (February) (March 10th at 13:30 GMT)
Core CPI (excluding food and energy) was 0.0%, Month-over-Month in January. CPI for January was 0.3%, Month-over-Month. In February the annual Core CPI is expected to rise to 0.2%, Month-over-Month, and CPI is expected to remain the same at 0.3%, Month-over-Month.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- European Central Bank Interest Rate Decision (March 11th at 12:45 GMT)
ECB set to meet to discuss interest rates. No change in deposit rate expected currently at -0.50%.
Possible Influence: Volatile Euro
- Retail Sales in US (February) (March 16th at 12:30 GMT)
Retail Sales rose 5.3%, Month-over-Month, in January. They are expected to climb 2.1%, Month-over-Month, in February.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Bank of Japan Meeting (March 18th at 23:30 GMT)
Current rates are -0.10%. The BoJ is expected to leave rates unchanged.
Possible Influence: Volatile JPY
- Bank of England Meeting (March 18th at 12:00 GMT)
Current rates are 0.10%. The Band of England is expected to leave rates unchanged.
Possible Influence: Volatile GBP
- US Federal Reserve Interest Rate Decision (March 16th and 17th at 18:00 GMT)
The Fed meets to discuss interest rates which are expected to remain at current levels of 0.25%, but investors will be watching out for talk about future rate movements or news about Fed activities to calm the bond Markets
Possible Influence: Volatile US Dollar, Gold and US Stocks
- U.S. Stimulus (March, 2021)
The United States Congress is expected to finalize the $1.9 trillion stimulus bill and get it to President Biden’s desk for his signature by March 14th at the latest. They have opted to pass it by the “Reconciliation” process which only requires a simple majority in each chamber. The Democrats hold a majority by one in the U.S. Senate with the seats split 50-50 and Vice-President Harris casting the deciding vote.
Possible Influence: Volatile US Stocks and Indices, Global Stocks and Indices, Commodities, Currencies
- US EARNINGS SEASON (March, 2021)
Earnings season is coming to an end. A few U.S. listed companies will be releasing quarterly earnings in March. They include Zoom, Nio, and Adobe.
Possible Influence: US Stocks and Indices