{"id":10480,"date":"2025-03-03T07:28:11","date_gmt":"2025-03-03T07:28:11","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10480"},"modified":"2025-03-03T07:28:12","modified_gmt":"2025-03-03T07:28:12","slug":"weekly-overview-2025-03-03","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/analytics\/weekly-overview-2025-03-03\/","title":{"rendered":"Week&#8217;s main events (March 03 \u2013 March 07)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (March 03 \u2013 March 07)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">It will be a volatile week. In the week in the US, investors will be keeping a close eye on the January Nonfarm Payrolls report and developments around trade tariffs, along with the ISM manufacturing and services PMIs. In the Eurozone, key events will be the ECB interest rate decision, January inflation data, and the unemployment rate. In addition, Swiss and Mexican inflation data will be in the spotlight. Also, geopolitical factors should not be ruled out, as after the quarrel between Zelensky and Trump in the Oval Office, there was a lot of uncertainty, which affected investor and business sentiment.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, March 03<\/div>\r\n<div class=\"ag-analytics_title-list\">On Monday, investors will focus on business activity data in the manufacturing sector across key economies. It&#8217;s a leading indicator of economic health. Above 50.0 indicates industry expansion, and below indicates contraction. The strengthening of the national currency usually accompanies the growth of the indicator.<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Manufacturing PMI (m\/m) at 00:00 (GMT+2);<\/li>\r\n<li>\u2013 Japan Manufacturing PMI (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 China Caixin Manufacturing PMI (m\/m) at 03:45 (GMT+2);<\/li>\r\n<li>\u2013 Indonesian Inflation Rate (m\/m) at 06:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Manufacturing PMI (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 German Manufacturing PMI (m\/m) at 10:55 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Manufacturing PMI (m\/m) at 11:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Manufacturing PMI (m\/m) at 11:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 US ISM Manufacturing PMI (m\/m) at 17:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, March 04<\/div>\r\n<div class=\"ag-analytics_title-list\">On Tuesday, investors will focus on the data on unemployment in Japan and the Eurozone and the minutes of the RBA monetary policy meeting, where the RBA lowered the interest rate for the first time in a long time. No significant changes are expected, so volatility will increase only at the moment of news publication.<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Unemployment Rate (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Australia RBA Meeting Minutes (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Australia Retail Sales (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Unemployment Rate (m\/m) at 12:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, March 05<\/div>\r\n<div class=\"ag-analytics_title-list\">On Wednesday, Switzerland will update its inflation data. Inflationary pressures are expected to fall from 0.4% to 0.2% annually. Lower inflation may put pressure on the Swiss franc as it increases the likelihood of an SNB rate cut. Volatility on currency pairs with the CHF will increase. Also, on Wednesday, several countries will release data on the business activity index in the services sector. No significant changes are expected, so do not expect strong volatility.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Services PMI (m\/m) at 00:00 (GMT+2);<\/li>\r\n<li>\u2013 Australia GDP (q\/q) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Services PMI (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 China Caixin Services PMI (m\/m) at 03:45 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Consumer Price Index (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 Germany Services PMI (m\/m) at 10:55 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Services PMI (m\/m) at 11:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Services PMI (m\/m) at 11:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Producer Price Index (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Monetary Policy Report Hearings at 16:30 (GMT+2);<\/li>\r\n<li>\u2013 US ISM Services PMI (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand RBNZ Gov Orr Speaks at 22:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<\/div>\r\n<div class=\"ag-analytics_title\">Thursday, March 06<\/div>\r\n<div class=\"ag-analytics_title-list\">The main economic event on Thursday will be the European Central Bank&#8217;s monetary policy meeting. It is expected that the ECB will continue to cut rates. A 0.25% rate cut from 2.75% to 2.5% is expected. This scenario is already priced in, so investors will also be directed to the ECB press conference, where ECB&#8217;s President Christine Lagarde will give more information on further steps. If Lagarde indicates a continuation of rate cuts, the Euro could be under strong pressure. Traders should not overlook trade balance data for several key economies, particularly the US, Canada, and Australia.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Trade Balance (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Unemployment Rate (m\/m) at 08:45 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Retail Sales (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Interest Rate Decision at 15:15 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Monetary Policy Statement at 15:15 (GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Trade Balance (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 Canada Trade Balance (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Press Conference at 15:45 (GMT+2);<\/li>\r\n<li>\u2013 Canada Ivey PMI (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, March 07<\/div>\r\n<div class=\"ag-analytics_title-list\">The most important Friday\u2019s release is the US Nonfarm Payrolls report. This data can trigger increased volatility in the market, and the Fed also considers this indicator to adjust monetary policy. The labor report is expected to be slightly better than the previous month&#8217;s. However, if the total labor market data indicates a cooling of the labor market, this will fuel speculation of a sooner rate cut by the US Fed. In turn, a strong report will indicate a robust labor market, pushing back the possibility of a rate cut and giving confidence to the USD. Also, on Friday, Canada will report labor market data. Here, we should act by analogy \u2014 a strong report is good for the currency, and a weak report is bad for the CAD. Also, on Friday, US Fed Chair Jerome Powell Powell will deliver testimony on monetary policy to a Senate committee.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 China Trade Balance (m\/m) at 05:00 (GMT+2);<\/li>\r\n<li>\u2013 Mexican Inflation Rate (m\/m) at 14:00 (GMT+2);<\/li>\r\n<li>\u2013 US Nonfarm Payrolls (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Unemployment Rate (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 Canada Unemployment Rate (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Fed Chair Jerome Powell Speaks at 19:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2025.03.03<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\nWe advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n<\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/de\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (March 03 \u2013 March 07) It will be a volatile week. In the week in the US, investors will be keeping a close eye on the January Nonfarm Payrolls report and developments around trade tariffs, along with the ISM manufacturing and services PMIs. In the Eurozone, key &#8230;<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[328,332,335],"tags":[],"class_list":["post-10480","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/comments?post=10480"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10480\/revisions"}],"predecessor-version":[{"id":10492,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10480\/revisions\/10492"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/media?parent=10480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/categories?post=10480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/tags?post=10480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}