Weekly Market Outlook: Economic Events Impact on Prices and Employment

Monday, 4 March 2024, 08:36

The upcoming week is filled with key economic events that could influence market trends, particularly focusing on ISM Services PMI, GDP reports, employment data, and monetary policy updates. Analysts expect a moderation in the ISM Services PMI and potential changes in the prices paid sub-index, signaling ongoing price pressures. Attention is also set on the BoC meeting outcomes and the impact of Fed Chair Powell’s congressional testimony on future monetary policies.
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Weekly Market Outlook: Economic Events Impact on Prices and Employment

Market Outlook for the Week of 4-8 March

It will be a busy week ahead with many economic events to look out for, but it will start with a relatively quiet day on Monday.

Key Events:

  • BoJ Gov Ueda speaking at FIN/SUM 2024 event
  • ISM Services PMI release in the U.S.
  • GDP q/q in Australia
  • ADP Non-Farm Employment Change in the U.S.
  • JOLTS job openings in the U.S.
  • ECB monetary policy announcement

Market Impact: Analysts anticipate shifts in ISM Services PMI, employment change in Canada, and economic policies from central banks.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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