Important economic events this week, March 4-8:
*Tuesday, March 5, 2024*
17:45
Business activity index (PMI) in the services sector (February)
Forecast: 51.3 Previous: 52.5
18:00
ISM Non-Manufacturing Supply Managers Index (February)
Forecast: 52.9 Previous: 53.4
*Wednesday, March 6, 2024*
16:15
Change in the number of employed in the non-industrial sector from ADP (February)
Forecast: 145K Previous: 107K
18:00
Fed Chairman Powell's speech
18:00
Number of open vacancies on the JOLTS labor market (January)
Forecast: 8.895M Prev: 9.026M
18:30
Crude oil reserves
Prediction: Previous: 4.199M
*Thursday, March 7, 2024*
4:30 p.m
The number of first applications for unemployment benefits
Forecast: 212K Previous: 215K
18:00
Fed Chairman Powell's speech
*Friday, March 8, 2024*
4:30 p.m
Average hourly wage (m/m) (February)
Forecast: 0.2% Previous: 0.6%
4:30 p.m
Change in the number of people employed in the non-industrial sector (February)
Forecast: 190K Previous: 353K
4:30 p.m
Unemployment rate (February)
Forecast: 3.7% Previous: 3.7%