Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 00:30 |  | 2 points | GDP (QoQ) (Q4) | 0.5% | 0.3% |
| 00:30 | | 2 points | GDP (YoY) (Q4) | 1.2% | 0.8% |
| 00:30 |  | 2 points | au Jibun Bank Services PMI (Feb) | 53.1 | 53.0 |
| 01:45 |  | 2 points | Caixin Services PMI (Feb) | 50.8 | 51.0 |
| 02:00 |  | 3 points | U.S. President Trump Speaks | ———- | ———- |
| 09:00 |  | 2 points | HCOB Eurozone Composite PMI (Feb) | 50.2 | 50.2 |
| 09:00 | | 2 points | HCOB Eurozone Services PMI (Feb) | 50.7 | 51.3 |
| 13:15 | | 3 points | ADP Nonfarm Employment Change (Feb) | 144K | 183K |
| 14:45 | | 2 points | S&P Global Composite PMI (Feb) | 50.4 | 52.7 |
| 14:45 | | 3 points | S&P Global Services PMI (Feb) | 49.7 | 52.9 |
| 15:00 | | 2 points | Factory Orders (MoM) (Jan) | 1.5% | -0.9% |
| 15:00 | | 2 points | ISM Non-Manufacturing Employment (Feb) | ———- | 52.3 |
| 15:00 | | 3 points | ISM Non-Manufacturing PMI (Feb) | 53.0 | 52.8 |
| 15:00 | | 3 points | ISM Non-Manufacturing Prices (Feb) | ———- | 60.4 |
| 15:30 | | 3 points | Crude Oil Inventories | ———- | -2.332M |
| 15:30 | | 2 points | Cushing Crude Oil Inventories | ———- | 1.282M |
| 19:00 | | 2 points | Beige Book | ———- | ———- |
| 20:30 | | 2 points | RBNZ Gov Orr Speaks | ———- | ———- |
Summary of Upcoming Economic Events on March 5, 2025
Australia (🇦🇺)
- GDP (QoQ) (Q4) (00:30 UTC)
- Forecast: 0.5%
- Previous: 0.3%
- Higher growth could strengthen AUD, while a weaker number may pressure the currency.
- GDP (YoY) (Q4) (00:30 UTC)
- Forecast: 1.2%
- Previous: 0.8%
- Indicates overall economic expansion or slowdown.
Japan (🇯🇵)
- au Jibun Bank Services PMI (Feb) (00:30 UTC)
- Forecast: 53.1
- Previous: 53.0
- A higher PMI suggests expansion in the services sector, which could be positive for JPY.
China (🇨🇳)
- Caixin Services PMI (Feb) (01:45 UTC)
- Forecast: 50.8
- Previous: 51.0
- Could impact risk sentiment and commodity currencies (AUD, NZD, CAD).
United States (🇺🇸)
- U.S. President Trump Speaks (02:00 UTC)
- Market-sensitive event depending on policy announcements.
- ADP Nonfarm Employment Change (Feb) (13:15 UTC)
- Forecast: 144K
- Previous: 183K
- Lower job growth could weaken USD.
- S&P Global Composite PMI (Feb) (14:45 UTC)
- Forecast: 50.4
- Previous: 52.7
- A decline may signal slowing economic activity.
- ISM Non-Manufacturing PMI (Feb) (15:00 UTC)
- Forecast: 53.0
- Previous: 52.8
- Measures service sector activity, a key driver of the U.S. economy.
- Crude Oil Inventories (15:30 UTC)
- Previous: -2.332M
- A larger-than-expected drawdown could boost oil prices.
- Beige Book (19:00 UTC)
- Fed’s economic report, influencing USD sentiment.
Eurozone (🇪🇺)
- HCOB Eurozone Composite PMI (Feb) (09:00 UTC)
- Forecast: 50.2
- Previous: 50.2
- A stronger reading could support EUR.
- HCOB Eurozone Services PMI (Feb) (09:00 UTC)
- Forecast: 50.7
- Previous: 51.3
- Declining PMI may pressure EUR.
New Zealand (🇳🇿)
- RBNZ Gov Orr Speaks (20:30 UTC)
- Potential impact on NZD, especially regarding monetary policy direction.
Market Impact Analysis
- AUD: Higher GDP growth may strengthen the currency, but weak numbers could increase RBA rate cut expectations.
- USD: Key job data and PMI readings will influence rate expectations.
- EUR: PMI data will show whether the Eurozone economy is stabilizing.
- Oil Prices: Inventory changes could impact crude prices and commodity currencies (CAD, NOK, RUB).
Volatility & Impact Score
- Volatility: High (Key U.S. job and PMI data, Fed’s Beige Book).
- Impact Score: 8/10 – ADP job data, ISM PMI, and Australian GDP are the most crucial.
