To The Moon

Public Holidays

Singapore, Hong Kong, China & the USA do not have public holidays in the coming week.

Economic Calendar (03Mar2025)

from Investing.com

Notable Highlights

• S&P global manufacturing PMI for February will be released with a forecast of 51.6. The market is expecting growth in global manufacturing.

• ISM manufacturing PMI and ISM manufacturing prices will be released in the coming week too. The PMI is a reflection of the growth or contraction of the manufacturing sector. An amount that is more than 50 will reflect growth. However, the price forecast stands at 56.2. This implies inflationary pressure for manufacturing costs, which will likely be passed on to consumers.

• ADP nonfarm employment change has a forecast figure of 144,000. This is a good reference concerning employment in America.

• S&P Global Services PMI has a forecast of 49.7. This suggests that Global Services may have a contraction.

• ISM non-manufacturing PMI and ISM non-manufacturing prices will be released in the coming week. This is a good reference concerning services. The previous price of 60.4 implies a high price that is typically inflationary.

• Average hourly earnings results will also be in the coming week, together with nonfarm payrolls and the unemployment rates. These are important considerations for the Federal Reserve before deciding on the next interest rate decision.

• Initial jobless claims will be announced. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.

• Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, demand erosion can lead to reduced production & weakened consumer spending.

@TigerStars

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