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The Week Ahead - Filtering high economic events for March 6- 10

The analyst team uses TC Economic Insight to identify meaningful economic events in the largest economies. Find what this means for traders

MARKET NEWS

Using Multi-Stock Trading LLC's "Economic Insight" investors can check out economic data scheduled to be released in the future.


We are looking into the current week of March 6-10:


We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:


We are focusing on major economies worldwide:




Among key economic data to be released within the week, investors are watching closely the U.S. Official Jobs Report for February (Friday, March 10), which is expected to show an addition of 210,000 non-farm payrolls with the jobless rate staying stable at 3.4%.



Further, Multi-Stock Trading LLC's Economic Insight is able to show that, in the past 12 releases of U.S. monthly official jobs reports, EUR/USD fell in 58% of times (7 out of 12 times) within one hour from the release, marking a trading range of 65.95 pips on average.


Other key economic data include:


On Monday (March 6),

- Eurozone’s retail sales may decline 0.3% on month in January.

On Tuesday (March 7),

- U.S. Federal Reserve Chair Jerome Powell will give a semi-annual testimony in Congress.

- Australia’s central bank is expected to raise its benchmark rate by 25 basis points to 3.60%.

- China's exports are expected to drop 3.0% on year in January-February.


On Wednesday (March 8),

- U.S. Federal Reserve Chair Jerome Powell will give a semi-annual testimony in Congress.

- U.S. ADP Jobs Report may report an addition of 110,000 private jobs in February.

- Canada’s central bank is expected to keep its key interest rate at 4.5%. 

- Germany’s retail sales are expected to rise 2.5% on month in January.


On Thursday (March 9),

- U.S. initial jobless claims may increase to 192,000.

On Friday (March 10), 

- U.S. non-farm payrolls are expected to increase by 210,000 in February.

- U.S. jobless rate is expected to remain at 3.4% in February.

- Japan’s central bank is expected to keep its benchmark rate unchanged at -0.100%.

- Canada may add 20,000 jobs in February.

- U.K. industrial production may decline 0.3% on month in January.



Happy Trading!


Source: Multi-Stock Trading LLC Economic Insight