Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 00:30 |  | 2 points | Current Account (Q4) | -11.8B | -14.1B |
| 00:30 | | 2 points | RBA Meeting Minutes | ———- | ———- |
| 00:30 | | 2 points | Retail Sales (MoM) (Jan) | 0.3% | -0.1% |
| 10:00 |  | 2 points | Unemployment Rate (Jan) | 6.3% | 6.3% |
| 19:20 |  | 2 points | FOMC Member Williams Speaks | ———- | ———- |
| 21:30 | | 2 points | API Weekly Crude Oil Stock | ———- | -0.640M |
Summary of Upcoming Economic Events on March 4, 2025
Australia (🇦🇺)
- Current Account (Q4) (00:30 UTC)
- Forecast: -11.8B
- Previous: -14.1B
- A reduced deficit suggests improved trade performance, which may support the AUD.
- RBA Meeting Minutes (00:30 UTC)
- Insight into the Reserve Bank of Australia’s (RBA) policy outlook, potentially influencing AUD volatility.
- Retail Sales (MoM) (Jan) (00:30 UTC)
- Forecast: 0.3%
- Previous: -0.1%
- A rebound in consumer spending could indicate economic resilience, supporting AUD.
Eurozone (🇪🇺)
- Unemployment Rate (Jan) (10:00 UTC)
- Forecast: 6.3%
- Previous: 6.3%
- A stable labor market could support EUR sentiment.
United States (🇺🇸)
- FOMC Member Williams Speaks (19:20 UTC)
- Commentary on monetary policy and economic outlook could impact expectations for interest rates and influence USD volatility.
- API Weekly Crude Oil Stock (21:30 UTC)
- Previous: -0.640M
- A larger-than-expected drawdown in crude oil inventories could support oil prices and impact energy-related assets.
Market Impact Analysis
- AUD: Stronger retail sales and an improved current account may boost AUD.
- EUR: Unemployment stability may have a limited impact unless significantly deviates from expectations.
- USD: Fed commentary from Williams could drive market expectations on future rate moves.
- Oil Prices: API crude oil data may influence energy markets, affecting commodity currencies (CAD, NOK, RUB).
Volatility & Impact Score
- Volatility: Medium (Focus on RBA Minutes and U.S. Fed commentary).
- Impact Score: 6/10 – Australian retail sales and Fed communication are key events to watch.
