It is Wednesday the 1st of March, and some US data today should provide some insight into the manufacturing sector's performance. Here are some things to look out for.
This morning, the dollar index was set for its steepest drop in two weeks as traders piled into riskier assets following data indicating a recovery in China.
The Euro and European bond yields rose after data from German states indicated that inflationary pressures remained high.
European stocks and US futures rose slightly.
Chinese markets rose.
Officials at the Federal Reserve are confronted with a "legitimate head-scratcher", why is wage growth slowing when the labor market is so tight?
Mortgage rates in the United States reached their highest level since mid-November last week.
9:30 AM ET
Canadian S&P Manufacturing PMI for February
9:45 AM ET
US S&P Manufacturing PMI for February
Median Forecast: 47.8 | Prior: 47.8 | Range: 48 / 47.7
10:00 AM ET
US ISM Manufacturing PMI for February
Median Forecast: 48 | Prior: 47.4 | Range: 49 / 46.5
10:30 AM ET
US Weekly EIA Inventories
Crude Oil Inventories - Median Forecast: 2.8M | Prior: 7.648M | Range: 4.761M / -2M
9:00 AM ET
Fed's Kashkari takes part in a moderated discussion.