Fundamental analytics

NEW WEEK'S REVIEW

Coronavirus news and macroeconomic reports from the U.S. and Europe will be the focus of market attention in the coming week.

  1. Meeting of the Reserve Bank of Australia

  2. PMI of production sector in EU and USA

  3. Labor market reports in the USA and Canada

Last week, the market situation did not change significantly. The news about coronavirus spreading still has the main impact on trading. Investors are afraid of the virus spreading outside of China, which will inevitably lead to the global economy slowdown. It is likely that coronavirus news will continue to have the strongest impact on trading.

In the economic calendar it is worth paying attention to the publication of PMI data of the manufacturing and services sector in the US and EU, the meeting of the Reserve Bank of Australia, data on GDP in Australia, PMI of the services sector in the UK, the decision of the Bank of Canada on interest rate and reports on the labor market in the US and Canada.  

 

Monday, March 2

China Manufacturing Index from Caixin

PMI of the production sector in Germany for February

UK Production Sector PMI for February

ISM U.S. manufacturing PMI for February

Tuesday, March 3

Meeting of the Reserve Bank of Australia

UK Production Sector PMI for February

Preliminary data on EU consumer price index for February

Wednesday, March 4

4th quarter GDP data for Australia

PMI services sector in UK for February

Change in the number of non-agricultural employment from ADP

ISM Non-Industrial Supply Managers Index for February

US Department of Energy Weekly Report

Thursday, March 5

OPEC meeting

Friday, March 6

January Retail Sales figures for Australia

US Labor Market Report for February

Canada Labour Market Report for February

 

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