Monday: January Factory Orders data will see light in the U.S., as will the final estimate of January’s Durable Goods Orders.

Tuesday: January Factory Orders data will see light in Germany. In the Eurozone, the Final estimate of the 4th quarter’s GDP data will see light. In the U.S., January Trade Balance data will see light, with analysts expecting a widening of the deficit to USD 48.5 bln. February Consumer Price Index data will see light in Russia, where analysts expect the appreciation of the Ruble to tame annual inflation to 4.6%.

Wednesday: January Balance of Payments data will see light in Japan as will the Final estimate for the fourth quarter’s Gross Domestic Product data. January Industrial Production data will be released in Germany. In the U.S., the weekly MBA Mortgage Applications will see light. February’s ADP Employment Change will also be released, with analysts having modest expectations for a 185K job addition, as opposed to 246K last month. Needless to say, serving as an indication for Friday’s Nonfarm, with its significance to the next Fed move, this is probably the most important ADP print for a while. The Final estimate of January’s Wholesale Inventories will also be released in the U.S.

Thursday:  Feb Consumer Price Index data will be released in China. In the Eurozone, the ECB should announce interest rates for March 9th onwards. The weekly Initial Jobless Claims will also see light in the U.S. during the day.

Friday: January Industrial Production Index data will be released in France. In Spain, January Retail Sales data will be released. Industrial Production data for January will see light in the U.K. February’s U.S. Nonfarm Payrolls will grab a lot of attention, as will the month’s Unemployment data.

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