In the US, the most important release will be the jobs report for February. Other indicators include: ISM non-manufacturing PMI; factory orders; trade balance; ADP employment; Challenger job cuts; final estimates for labour costs and nonfarm productivity; consumer credit change; wholesale inventories; and final Markit services PMI. Elsewhere in America: Brazil services PMI, industrial production and inflation; Canada trade balance, unemployment and interest rate decision.
In the UK, investors will be looking for services and construction PMIs; Halifax house prices; industrial production; and trade balance. Elsewhere in Europe, the ECB will provide an update on monetary policy and other important figures include final services PMIs for the Eurozone, Germany and France; and data for Spain and Italy; Euro Area third estimate for GDP growth and retail sales; Germany construction PMI; factory orders; industrial production; and trade balance.
It will be a busy week in Asia. China is expected to release consumer and producer inflation; trade balance; and services PMI. Japan will publish the final GDP growth estimate and services PMI and the Bank of Japan will hold its monetary policy meeting. Other data to track include the services PMI for India and Malaysia interest rate decision.
In Australia, investors will be waiting for GDP growth; trade balance; retail sales; business inventories; company profits; building permits; and current account. The Reserve Bank of Australia will also provide an update on monetary policy.
In Africa, South Africa is expected to release GDP growth figures for Q4.