Upcoming economic events 6 March 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
00:30		2 points	Building Approvals (MoM) (Jan)	-0.1%	0.7%
00:30		2 points	Trade Balance (Jan)	5.850B	5.085B
10:00		2 points	EU Leaders Summit	———-	———-
10:00		2 points	Euro Summit	———-	———-
13:15		3 points	Deposit Facility Rate (Mar)	2.50%	2.75%
13:15		2 points	ECB Marginal Lending Facility	———-	3.15%
13:15		2 points	ECB Monetary Policy Statement	———-	———-
13:15		3 points	ECB Interest Rate Decision (Mar)	2.65%	2.90%
13:30		2 points	Continuing Jobless Claims	1,880K	1,862K
13:30		2 points	Exports (Jan)	———-	266.50B
13:30		2 points	Imports (Jan)	———-	364.90B
13:30		3 points	Initial Jobless Claims	234K	242K
13:30		2 points	Nonfarm Productivity (QoQ) (Q4)	1.2%	2.2%
13:30		2 points	Trade Balance (Jan)	-128.30B	-98.40B
13:30		2 points	Unit Labor Costs (QoQ) (Q4)	3.0%	0.8%
13:45		2 points	FOMC Member Harker Speaks	———-	———-
13:45		3 points	ECB Press Conference	———-	———-
15:15		2 points	ECB President Lagarde Speaks	———-	———-
18:00		2 points	Atlanta Fed GDPNow (Q1)	-2.8%	-2.8%
20:30		2 points	Fed Waller Speaks	———-	———-
21:30		2 points	Fed’s Balance Sheet	———-	6,766B

Summary of Upcoming Economic Events on March 6, 2025

Australia (🇦🇺)

1. Building Approvals (MoM) (Jan) (00:30 UTC)
   • Forecast: -0.1%
   • Previous: 0.7%
   • A decline in approvals could signal a slowdown in housing demand, pressuring AUD.
2. Trade Balance (Jan) (00:30 UTC)
   • Forecast: 5.850B
   • Previous: 5.085B
   • A higher trade surplus may strengthen AUD, while a lower figure could weaken it.

Eurozone (🇪🇺)

3. EU Leaders Summit (10:00 UTC)
4. Euro Summit (10:00 UTC)
   • Discussions on economic policies and inflation could impact EUR.
5. Deposit Facility Rate (Mar) (13:15 UTC)
   • Forecast: 2.50%
   • Previous: 2.75%
   • A rate cut could weaken EUR, while maintaining the rate could support it.
6. ECB Interest Rate Decision (Mar) (13:15 UTC)
   • Forecast: 2.65%
   • Previous: 2.90%
   • A rate cut would likely pressure EUR, while a hold might support it.
7. ECB Press Conference (13:45 UTC)
   • Potential policy guidance impacting EUR.
8. ECB President Lagarde Speaks (15:15 UTC)
   • Any comments on inflation or rate outlook will influence markets.

United States (🇺🇸)

9. Continuing Jobless Claims (13:30 UTC)
   • Forecast: 1,880K
   • Previous: 1,862K
   • A rise in claims could weaken USD, signaling labor market weakness.
10. Initial Jobless Claims (13:30 UTC)

• Forecast: 234K
• Previous: 242K
• A higher number could negatively impact USD.

11. Trade Balance (Jan) (13:30 UTC)

• Forecast: -128.30B
• Previous: -98.40B
• A wider deficit could weaken USD.

12. Unit Labor Costs (QoQ) (Q4) (13:30 UTC)

• Forecast: 3.0%
• Previous: 0.8%
• Higher labor costs may support inflation expectations, affecting USD.

13. Atlanta Fed GDPNow (Q1) (18:00 UTC)

• Forecast: -2.8%
• Previous: -2.8%
• A lower GDP projection may weaken USD.

14. Fed Waller Speaks (20:30 UTC)

• His comments on monetary policy could impact USD.

15. Fed’s Balance Sheet (21:30 UTC)

• Previous: 6,766B
• Shrinking balance sheet supports tighter financial conditions.

Market Impact Analysis

• EUR: ECB rate decision, Lagarde’s speech, and the summit will drive volatility.
• AUD: Trade balance and building approvals will shape short-term sentiment.
• USD: Jobless claims, trade data, and Fed comments will influence market moves.
• Volatility: High (ECB decision, U.S. labor data, trade balance).
• Impact Score: 8/10 – ECB rate decision and U.S. job data are key risk events.