Key Economic Events: Week Of 2nd March 2026
Release Date: 2nd March 2026
What to Expect in Markets This Week: This week features key economic data releases including US ISM Manufacturing PMI, S&P Global PMI readings, Eurozone CPI, Chinese Manufacturing PMI, US ADP Nonfarm Employment Change, ISM Non-Manufacturing PMI, and the highly anticipated US Nonfarm Payrolls report. Multiple holidays across India and Russia will affect market liquidity. The next Fed Interest Rate Decision is scheduled for March 18th, 2026.
02 March 2026
USD - S&P Global Manufacturing PMI (Feb)
Date:
02-Mar-26, Mon, 20:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
51.2
Notes:
The S&P Global Manufacturing PMI measures the performance of the manufacturing sector based on five key indicators: new orders, output, employment, suppliers' delivery times, and inventories. A reading above 50 indicates expansion, while below 50 signals contraction. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
USD - ISM Manufacturing PMI (Feb)
Date:
02-Mar-26, Mon, 20:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
52.6
Notes:
The ISM Manufacturing PMI is a diffusion index based on a survey of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the manufacturing sector, while below 50 signals contraction. This is a key leading indicator of economic health. A higher than expected reading is bullish for the USD.
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USD - ISM Manufacturing Prices (Feb)
Date:
02-Mar-26, Mon, 20:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
59
Notes:
The ISM Manufacturing Prices Index measures the change in prices of raw materials purchased by manufacturing firms. A higher reading indicates rising input costs, which can signal inflationary pressures. A reading above 50 indicates rising prices. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
03 March 2026
India - Holi
Date:
03-Mar-26, Tue, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Holi is a popular ancient Hindu festival, also known as the "Festival of Colors." It celebrates the arrival of spring and the triumph of good over evil. Financial markets in India are typically closed on this day, leading to lower liquidity for INR pairs.
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Legacy
EUR - CPI (YoY) (Feb)
Date:
03-Mar-26, Tue, 15:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
1.90%
Notes:
The Consumer Price Index (CPI) measures changes in the price level of a basket of goods and services consumed by households. Higher CPI readings indicate rising inflation and may strengthen the EUR as it could prompt the ECB to consider tighter monetary policy. A higher than expected reading is bullish for the EUR.
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04 March 2026
CNY - Manufacturing PMI (Feb)
Date:
04-Mar-26, Wed, 07:00 IST
Currency:
CNY
Importance:
3
Forecast:
Link
Previous:
49.3
Notes:
The Manufacturing PMI measures the performance of China's manufacturing sector based on a survey of purchasing managers. A reading above 50 indicates expansion, while below 50 signals contraction. This is a key indicator of China's economic health and can impact global markets. A higher than expected reading is bullish for the CNY.
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USDJPY EURUSD
USD - ADP Nonfarm Employment Change (Feb)
Date:
04-Mar-26, Wed, 18:45 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
22K
Notes:
The ADP Nonfarm Employment Change measures the change in the number of employed people in the US, excluding the farming industry. It is a key leading indicator of the official Nonfarm Payrolls report and provides insight into the health of the labor market. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
USD - S&P Global Services PMI (Feb)
Date:
04-Mar-26, Wed, 20:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
52.3
Notes:
The S&P Global Services PMI measures the performance of the services sector based on five key indicators: business activity, new orders, employment, suppliers' delivery times, and inventories. A reading above 50 indicates expansion, while below 50 signals contraction. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
USD - ISM Non-Manufacturing Prices (Feb)
Date:
04-Mar-26, Wed, 20:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
66.6
Notes:
The ISM Non-Manufacturing Prices Index measures the change in prices of raw materials purchased by non-manufacturing firms. A higher reading indicates rising input costs, which can signal inflationary pressures in the services sector. A reading above 50 indicates rising prices. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
USD - ISM Non-Manufacturing PMI (Feb)
Date:
04-Mar-26, Wed, 20:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
53.8
Notes:
The ISM Non-Manufacturing PMI is a diffusion index based on a survey of purchasing managers in the services sector. A reading above 50 indicates expansion in the non-manufacturing sector, while below 50 signals contraction. This is a key leading indicator of economic health, as the services sector represents a large portion of the US economy. A higher than expected reading is bullish for the USD.
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06 March 2026
USD - Nonfarm Payrolls (Feb)
Date:
06-Mar-26, Fri, 19:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
130K
Notes:
Nonfarm Payrolls measures the change in the number of employed people, excluding the farming industry. It is one of the most important economic indicators for the US, providing insight into the health of the labor market. A higher than expected reading is bullish for the USD, while a lower reading is bearish.
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USDJPY EURUSD
USD - Unemployment Rate (Feb)
Date:
06-Mar-26, Fri, 19:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
4.30%
Notes:
The Unemployment Rate measures the percentage of the total workforce that is unemployed and actively seeking employment. A lower unemployment rate indicates a stronger labor market and economic growth. A lower than expected reading is bullish for the USD, while a higher reading is bearish.
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USDJPY EURUSD
USD - Average Hourly Earnings (MoM) (Feb)
Date:
06-Mar-26, Fri, 19:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.40%
Notes:
Average Hourly Earnings measures the change in the hourly wages earned by workers. It is a key indicator of inflation and consumer spending power. Higher wage growth can lead to increased consumer spending and inflation. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
08 March 2026
Russia - Women's Day
Date:
08-Mar-26, Sun, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
International Women's Day is a public holiday in Russia honoring women and their contributions to society. Financial markets are typically closed on this day, leading to lower liquidity for RUB pairs.
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Legacy
18 March 2026
USD - Fed Interest Rate Decision
Date:
18-Mar-26, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
CME FedWatch Tool
Previous:
3.63%
Notes:
The Federal Reserve Interest Rate Decision is one of the most important economic events for the USD. The Federal Open Market Committee (FOMC) announces its decision on the target federal funds rate, which influences borrowing costs, inflation, and economic growth. A rate hike is bullish for the USD, while a rate cut is bearish.
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