Upcoming economic events 7 March 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
00:00		2 points	FOMC Member Bostic Speaks	———-	———-
03:00		2 points	Exports (YoY) (Feb)	5.0%	10.7%
03:00		2 points	Imports (YoY) (Feb)	1.0%	1.0%
03:00		2 points	Trade Balance (USD) (Feb)	143.10B	104.84B
09:30		2 points	ECB President Lagarde Speaks	———-	———-
10:00		2 points	GDP (QoQ) (Q4)	0.1%	0.1%
10:00		2 points	GDP (YoY) (Q4)	0.9%	0.9%
13:30		2 points	Average Hourly Earnings (YoY) (YoY) (Feb)	4.1%	4.1%
13:30		3 points	Average Hourly Earnings (MoM) (Feb)	0.3%	0.5%
13:30		3 points	Nonfarm Payrolls (Feb)	159K	143K
13:30		2 points	Participation Rate (Feb)	———-	62.6%
13:30		2 points	Private Nonfarm Payrolls (Feb)	142K	111K
13:30		2 points	U6 Unemployment Rate (Feb)	———-	7.5%
13:30		3 points	Unemployment Rate (Feb)	4.0%	4.0%
15:15		2 points	FOMC Member Bowman Speaks	———-	———-
15:45		2 points	FOMC Member Williams Speaks	———-	———-
16:00		3 points	Fed Monetary Policy Report	———-	———-
17:30		3 points	Fed Chair Powell Speaks	———-	———-
18:00		2 points	U.S. Baker Hughes Oil Rig Count	———-	486
18:00		2 points	U.S. Baker Hughes Total Rig Count	———-	593
18:30		3 points	U.S. President Trump Speaks	———-	———-
20:00		2 points	Consumer Credit (Jan)	15.60B	40.85B
20:30		2 points	Consumer Credit (Jan)	———-	171.2K
20:30		2 points	CFTC Gold speculative net positions	———-	261.6K
20:30		2 points	CFTC Nasdaq 100 speculative net positions	———-	25.8K
20:30		2 points	CFTC S&P 500 speculative net positions	———-	-32.8K
20:30		2 points	CFTC AUD speculative net positions	———-	-45.6K
20:30		2 points	CFTC JPY speculative net positions	———-	96.0K
20:30		2 points	CFTC EUR speculative net positions	———-	-25.4K

Summary of Upcoming Economic Events on March 7, 2025

China (🇨🇳)

1. Exports (YoY) (Feb) (03:00 UTC)
   • Forecast: 5.0%
   • Previous: 10.7%
   • Slower export growth could signal weakening global demand, impacting CNY and risk-sensitive assets.
2. Imports (YoY) (Feb) (03:00 UTC)
   • Forecast: 1.0%
   • Previous: 1.0%
   • Low import growth may indicate weaker domestic demand.
3. Trade Balance (USD) (Feb) (03:00 UTC)
   • Forecast: 143.10B
   • Previous: 104.84B
   • A higher trade surplus might strengthen CNY.

Eurozone (🇪🇺)

4. ECB President Lagarde Speaks (09:30 UTC)
   • Any comments on inflation or rate cuts will impact EUR.
5. GDP (QoQ) (Q4) (10:00 UTC)
   • Forecast: 0.1%
   • Previous: 0.1%
   • Flat growth may indicate a slowing economy.
6. GDP (YoY) (Q4) (10:00 UTC)
   • Forecast: 0.9%
   • Previous: 0.9%
   • No change suggests a steady but weak economic environment.

United States (🇺🇸)

7. Average Hourly Earnings (YoY) (Feb) (13:30 UTC)
   • Forecast: 4.1%
   • Previous: 4.1%
   • Wage growth affects inflation and Fed policy.
8. Average Hourly Earnings (MoM) (Feb) (13:30 UTC)
   • Forecast: 0.3%
   • Previous: 0.5%
   • Slower wage growth could ease inflation pressures.
9. Nonfarm Payrolls (Feb) (13:30 UTC)
   • Forecast: 159K
   • Previous: 143K
   • A weaker number could fuel Fed rate cut expectations.
10. Unemployment Rate (Feb) (13:30 UTC)

• Forecast: 4.0%
• Previous: 4.0%
• Stability in unemployment could support USD.

11. Fed Monetary Policy Report (16:00 UTC)

• Will provide insight into the Fed’s rate outlook.

12. Fed Chair Powell Speaks (17:30 UTC)

• Key market-moving event; his stance on inflation and rate policy will impact USD and global markets.

13. U.S. Baker Hughes Oil Rig Count (18:00 UTC)

• Previous: 486
• Signals future oil production trends.

14. Consumer Credit (Jan) (20:00 UTC)

• Forecast: 15.60B
• Previous: 40.85B
• A slowdown in credit could indicate weaker consumer spending.

Market Impact Analysis

• USD: High impact due to Powell’s speech, NFP report, and wage data.
• EUR: Medium impact from GDP data and Lagarde’s speech.
• CNY: Medium impact from trade balance data.
• Volatility: High, driven by U.S. jobs data and Fed events.
• Impact Score: 9/10 – Powell’s speech and the NFP report will be market-moving catalysts.