Macro & Micro Financial Agenda – Week of March 1 to 6
Sunday, March 1 – OPEC+ Strategy Meeting and Chinese Indicators
OPEC+: Decision on April Oil Production
Eight key OPEC+ countries hold their monthly meeting to decide production quotas for April.
Potential direct impact on oil prices, energy stocks, and inflation.
Chinese Electric Vehicles: Delivery Figures
Monthly publications from:
- Nio (NIO)
- XPeng (XPEV)
- Li Auto (LI)
- BYD
This data serves as an advanced barometer for Chinese demand and the dynamics of the EV sector.
Macau Casinos
Publication of gross gaming revenues, a key indicator of consumption in China.
Monday, March 2 – US ISM Manufacturing & Major Tech Conferences
US Macroeconomic Indicators
- 4:00 pm: ISM Manufacturing PMI
- ISM Manufacturing Prices
This data will help assess:
- US industrial momentum
- Production-side inflationary pressures
Corporate Earnings
Expected releases:
- Progressive
- MongoDB
- Riot Platforms
- EchoStar
Anticipated volatility for AST SpaceMobile and Asana.
Major Events
- Start of the Morgan Stanley Technology, Media & Telecom Conference (San Francisco)
- Start of the Mobile World Congress (Barcelona)
- Antitrust trial against Live Nation–Ticketmaster
- DraftKings Investor Day
Tuesday, March 3 – Retail Earnings & Fed Speeches
Major Releases
- CrowdStrike
- Ross Stores
- AutoZone
- Target
- Best Buy
- On Holding
- Box
Retail results will provide valuable insight into the health of US consumer spending.
Biotech M&A
Votes concerning:
- Amicus Therapeutics / BioMarin
- Ventyx Biosciences / Eli Lilly
Fed Talks
Speeches by:
- John Williams
- Neel Kashkari
Markets will watch for any sign of the rate trajectory.
Wednesday, March 4 – ADP, ISM Services & Beige Book
Key Indicators
- 2:15 pm: ADP Employment Change
- 4:00 pm: ISM Services PMI
- 8:00 pm: Fed Beige Book
This data is crucial ahead of the official jobs report on Friday.
Earnings to Watch
- Broadcom
- Veeva Systems
- Okta
- Brown-Forman
Apple Event
“Apple Experience” sessions with product announcements (iPad/Mac).
Thursday, March 5 – National People's Congress & Costco Earnings
China: Annual National People's Congress Session
Possible announcements of:
- Growth targets
- Stimulus measures
- Sector guidelines (tech, AI)
Potential impact on emerging markets and commodities.
Major Earnings
- Costco
- Petrobras
- Marvell Technology
- Kroger
- JD.com
- Guidewire
Significant movements expected for Ciena and Victoria’s Secret.
US Macro
- 2:30 pm: Weekly jobless claims
Friday, March 6 – US Jobs Report (NFP)
Week’s Major Event
- 8:30 am: Non-Farm Payrolls
- Unemployment rate
- Average hourly earnings
- Retail Sales
- Core Retail Sales
Economists expect:
- +62,000 jobs created
- Unemployment rate steady at 4.4%
Key data for Fed policy expectations.
Other Indicators
- Manheim Used Vehicle Value Index
- FAO Food Price Index (UN)
- FDA decision on Sotyktu (Bristol Myers Squibb)
