Jeremy Oles

Published On: 10/03/2025
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Assorted cryptocurrencies representing economic events on March 11, 2025.
By Published On: 10/03/2025
Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious
00:30🇦🇺2 pointsNAB Business Confidence (Feb)———-4
10:00🇪🇺2 pointsEurogroup Meetings———-———-
14:00🇺🇸3 pointsJOLTS Job Openings (Jan)7.710M7.600M
16:00🇺🇸2 pointsEIA Short-Term Energy Outlook———-———-
16:00🇺🇸2 pointsWASDE Report———-———-
17:00🇺🇸2 points3-Year Note Auction———-4.300%
20:30🇺🇸2 pointsAPI Weekly Crude Oil Stock———--1.455M
21:45🇳🇿2 pointsElectronic Card Retail Sales (MoM) (Feb)———--1.6%
23:50🇯🇵2 pointsBSI Large Manufacturing Conditions (Q1)6.56.3

Summary of Upcoming Economic Events on March 11, 2025

Australia (🇦🇺)

  1. NAB Business Confidence (Feb) (00:30 UTC)
    • Previous: 4
    • A higher reading suggests improving business conditions, which could strengthen AUD.

Eurozone (🇪🇺)

  1. Eurogroup Meetings (10:00 UTC)
    • Discussions on inflation, growth, and fiscal policies.
    • Any hawkish or dovish comments could influence EUR.

United States (🇺🇸)

  1. JOLTS Job Openings (Jan) (14:00 UTC)
    • Forecast: 7.710M
    • Previous: 7.600M
    • A strong reading could signal a tight labor market, supporting USD.
  2. EIA Short-Term Energy Outlook (16:00 UTC)
    • Insights on oil demand, supply, and price forecasts.
    • Could impact oil prices and energy stocks.
  3. WASDE Report (16:00 UTC)
    • Agricultural market outlook.
    • Impact on commodity prices.
  4. 3-Year Note Auction (17:00 UTC)
    • Previous Yield: 4.300%
    • High demand may lower bond yields, affecting USD.
  5. API Weekly Crude Oil Stock (20:30 UTC)
    • Previous: -1.455M
    • A decline in inventories could support oil prices and commodity currencies (AUD, CAD).

New Zealand (🇳🇿)

  1. Electronic Card Retail Sales (MoM) (Feb) (21:45 UTC)
    • Previous: -1.6%
    • A negative reading could signal weaker consumer spending, pressuring NZD.

Japan (🇯🇵)

  1. BSI Large Manufacturing Conditions (Q1) (23:50 UTC)
    • Forecast: 6.5
    • Previous: 6.3
    • Higher sentiment may support JPY if it suggests stronger economic activity.

Market Impact Analysis

  • AUD: Medium impact from NAB business confidence.
  • EUR: Medium impact depending on Eurogroup meeting comments.
  • USD: High impact from JOLTS data & energy outlook.
  • JPY: Medium impact from manufacturing confidence.
  • NZD: Low impact unless retail sales surprise significantly.
  • Volatility: Moderate, with USD and energy markets most affected.
  • Impact Score: 7/10 – JOLTS job openings and crude oil inventories will likely drive market moves.
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