The Global Week Ahead

The US Goes to War Against Iran, China’s 14th National People’s Congress Holds Its 4th Session, Canada’s Carney Travels to India, and Markets Focus on US Jobs Numbers and ECB Speeches

March 1 - 8, 2026

In our last Global Week Ahead, we suggested we were likely to live through a historic week.  With the US and Israeli massive attack on Iran, the killing of Iranian Supreme Leader Ayatollah Khamenei and a large number of senior Iranian leaders, the Middle East is now forever changed.  At the time of this writing, more than 2,000 military targets have been hit inside Iran – including the destruction of most of its navy.  In response, Iran has lashed out, firing ballistic missiles and drones, striking eleven countries (Israel, Bahrain, Cyprus, Iraq, Jordan, Kuwait, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and Oman).

As to how long the conflict lasts is anyone’s guess, as no new popular uprising against the Iranian regime has begun (yet), and how the regime would be replaced and who would lead is completely unclear.  And the longer-term impact on oil and gas prices is very much in flux, dependent on the length and impact of the conflict.

Elsewhere in the world, China begins its People’s Political Consultative Conference on Wednesday and its National People’s Congress (NPC) on Thursday – otherwise known as the “Two Sessions” legislative term.  Both events are taking place in Beijing and will formalize the 15th Five-Year Plan for economic policy through 2030. 

Markets will be watching the Sessions to expand debt-funded social spending and boost domestic consumption to balance China’s massive reliance on exports.  Politically, in the wake of the large number of senior military officers being purged and arrested in recent weeks and months (nine more senior generals were removed just last week, bringing the total to more than 200 in the last year), Chinese President Xi Jinping is likely to unveil a small cadre of new military leaders.

Here in the US, President Trump will be holding three high-level meetings this week, starting with a bilateral meeting with Brazilian President Luiz Inácio Lula da Silva (Lula) at the White House.  Trump and Lula have often verbally sparred over the years, and the meeting is an attempt to improve relations and discuss trade.  The US and Brazil traded more than $95 billion in goods and services in 2025, with the US selling more than $55 billion to Brazil (up almost 11% from 2024).

Then on Tuesday, German Chancellor Friedrich Merz visits with Trump at the White House.  The two leaders are expected to discuss the status of EU-US trade negotiations and Merz’s meetings last week with Chinese President Xi.   The European Parliament has put on hold the US – EU trade process in the wake of President Trump slapping the EU with 10% tariffs following the Supreme Court’s recent decision striking down Trump’s use of IEEPA (the International Emergency Economic Powers Act).  Merz is hoping to serve as a mediator to the impasse.

Finally, President Trump will host a number of Latin American leaders at Mar-a-Lago on Saturday.  Details on the exact agenda are still hazy, but confirmed attendees include Mexican President Claudia Sheinbaum, Argentinian President Javier Milei, El Salvadorian President Nayib Bukele, Paraguayan President Santiago Peña, Ecuadorian President Daniel Noboa, Bolivian President Rodrigo Paz, and Honduran President Tito Asfura.

The summit comes ahead of Trump’s visit to China in April and is likely to focus on China’s investments and influence in the Hemisphere, and on how the US is increasingly willing to compete.  The meeting also comes after last month’s military operation in Venezuela, taking out President Nicolás Maduro and his wife, and a meeting in early January hosted by US Chairman of the Joint Chiefs of Staff General Dan Caine for defense chiefs and senior military officials from 34 Western Hemisphere countries

Elsewhere, Canadian Prime Minister Mark Carney will be in Asia this week.  The most important set of meetings will be with Indian Prime Minister Narendra Modi, during which the two leaders will discuss bilateral trade, energy, and critical minerals.  But the meeting is also being seen as a major reset between the two countries following allegations made by former Canadian Prime Minister Justin Trudeau in 2023 that the Indian government was responsible for the assassination of Sikh separatist leader Hardeep Singh Nijare in Canada.   Carney will also travel to Australia and Japan for meetings mostly focused on trade, critical minerals, energy, and mutual security issues. 

Looking at the global economic and financial radar screen this week, markets will be largely focused on the US jobs report that comes out on Friday.  The release comes after the ISM Indices on Monday, and the Federal Reserve publishes the Beige Book on Wednesday.   

Turning to Europe, European Central Bank (ECB) President Christine Lagarde will give several speeches this week, as will a number of ECB board members.  In terms of economic releases, February inflation prints for the Eurozone, Italy, Switzerland, and Sweden are on Thursday.   The big event in the UK this week will be Chancellor Rachel Reeves delivering the Spring Statement on the budget and economy on Tuesday. 

In Asia, aside from the Two Sessions discussed above, markets are looking to China’s February PMIs, due on Wednesday.   And in Japan, the Ministry of Finance (MoF) releases the Q4 Financial Statements Statistics of Corporations on Tuesday, the February consumer sentiment index on Wednesday, and the Shunto wage demands (the annual synchronized wage negotiations held every February and March between labor unions and employers) are presented on Tuesday. 

Finally, we are still working through earnings season, with tech powerhouse Broadcom reporting on Wednesday and wholesaling giant Costco reporting on Thursday (which may provide interesting indicators of the impact of the Supreme Court’s decision on IEEPA and overall trade policy on costs).

Below is the rest of our detailed report of the major geopolitical and geoeconomic events in the coming week:

Sunday, March 1, 2026

Global

·       OPEC is scheduled to meet virtually to discuss oil prices.

·       The U.S. takes the rotating chair of the UN Security Council for the month of March.

·       Today is the first day of the meteorological spring in the Northern Hemisphere.

Americas

Political/Social Events –

·       Canadian Prime Minister Mark Carney travels to India for meetings with Prime Minister Narendra Modi.

·       Beijing is expected to lower tariffs on Canadian canola seed from about 85 per cent to 15 per cent.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Asia

Political/Social Events –

·       South Korean President Lee Jae Myung will visit Singapore through March 3.

Economic & Financial Reports/Events –

·       South Korea Imports/ Exports/ Balance of Trade (February)

Europe

Political/Social Events –

·       There was an informal video conference of EU Foreign Ministers to discuss the situation in Iran and broader Middle East.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Africa

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Monday, March 2, 2026

 Global

·       The International Atomic Energy Agency begins board meetings in Vienna, Austria.

·       The OECD Financial Markets Week Spring 2026 begins in Paris, with senior government officials, central bankers and financial regulators meeting to discuss recent market developments and new policy proposals.

·       The Jewish holiday of Purim, remembering the time of the biblical character Esther, begins this evening, continuing tomorrow.

Americas

Political/Social Events –

·       President Donald Trump is scheduled to meet Brazilian President Luiz Inácio Lula da Silva (Lula) at the White House. The two leaders – who have been sparring with each other for years, particularly as Trump has defended Lula’s political rival, former President Jair Bolsonaro – are expected to discuss how to improve bilateral relations.  Specifically, the two presidents are expected to discuss critical minerals, agriculture, and trade in general as well as the situation in Venezuela.

·       The U.S. Supreme Court could announce a decision on if Donald Trump can appeal E. Jean Caroll case verdict.

·       Canadian Prime Minister Mark Carney will visit Australia through March 6.

Economic & Financial Reports/Events –

·       Bank of Canada Deputy Governor Sharon Kozicki gives remarks at a conference hosted by Norges Bank in Oslo.

·       Chile IMACEC Economic Activity (January)

·       Mexico Business Confidence (February)/ S&P Global Manufacturing PMI (February)

·       Brazil S&P Global Manufacturing PMI (February)/ BCB Focus Market Readout

·       Canada S&P Global Manufacturing PMI (February)

·       USA S&P Global Manufacturing PMI (February)/ ISM Manufacturing PMI (February)/ ISM Manufacturing Prices/ New Orders/ Employment (February)

·       Colombia Davivienda Manufacturing PMI (February)

·       Peru Inflation Rate (February)

·       Argentina Tax Revenue (February)

·       EARNINGS: ADT, SELAEDAIR, AES

Asia

Political/Social Events –

·       Indian Prime Minister Narendra Modi and his Canadian counterpart Mark Carney are set to hold talks in New Delhi, where they are expected to review progress in bilateral ties and take stock of cooperation in areas such as trade and investment, energy, critical minerals and innovation. They will also exchange views on regional and global developments. Carney's India visit, the first leg of a three-nation trip that will also take him to Australia and Japan, comes amid a normalization of bilateral ties, which witnessed serious strains during the tenure of his predecessor, Justin Trudeau, due to a diplomatic spat over the murder of a Sikh separatist.

·       Malaysia will decide on constitutional amendments with a bill to limit the prime minister's tenure to two terms, alongside efforts to separate the roles of attorney general and public prosecutor. The twin reforms aim to address long-standing concerns over concentration of executive power and prosecutorial independence. If passed, the changes would mark one of the most significant recalibrations of Malaysia's executive-legal architecture since independence.

·       The Philippine House of Representatives' justice committee will deliberate on the merits of impeachment complaints made against Duterte.

Economic & Financial Reports/Events –

·       Bank of Japan Deputy Governor Ryozo Himino speaks to a group of local leaders in Wakayama, Japan.

·       Reserve Bank of Australia Assistant Governor Sarah Hunter speaks at a conference hosted by Norges Bank in Oslo.

·       Australia S&P Global Manufacturing PMI (February)/ TD-MI Inflation Gauge (February)/ Cotality Dwelling Prices (February)/ Company Gross Profits Q4/ Business Inventories Q4/ ANZ-Indeed Job Ads (February)/ Commodity Prices (February)

·       Indonesia S&P Global Manufacturing PMI (February)/ Imports/ Exports/ Balance of Trade (January)/ Inflation Rate (February)/ Tourist Arrivals (January)

·       Japan S&P Global Manufacturing PMI (February)/ ANZ-Indeed Job Ads (February)

·       Malaysia S&P Global Manufacturing PMI (February)

·       Philippines S&P Global Manufacturing PMI (February)

·       Taiwan S&P Global Manufacturing PMI (February)

·       Thailand S&P Global Manufacturing PMI (February)

·       Vietnam S&P Global Manufacturing PMI (February)

·       India HSBC Manufacturing PMI (February)/ Industrial Production (January)/ Manufacturing Production (January)

·       Singapore SIPMM Manufacturing PMI (February)

·       Kazakhstan Inflation Rate (February)

·       China FDI (YTD) (January)

·       Sri Lanka PPI (January)

Europe

Political/Social Events –

·       There will be an informal meeting of the EU General Affairs Council through March 3.

·       MWC Barcelona, the largest mobile telecoms event in the world, opens at the city’s main conference space Fira Gran Via, running until Thursday.

Economic & Financial Reports/Events –

·       European Central Bank President Christine Lagarde gives gives welcoming remarks  at International Women's Day "Closing the Financial Literacy" event in Frankfurt, Germany.

·       European Central Bank Chief Economist Frank Elderson participates in a fireside chat the annual conference of the Spanish Centre for Sustainable and Responsible Finance (FINRESP) in Madrid, Spain.

·       Bank of England External Member of the Monetary Policy Committee Alan Taylor gives a speech entitled “Getting the Right Directions” at a conference hosted by Norges Bank in Oslo

·       European Central Bank Governing Council member Olaf Sleijpen to present keynote address at the University of Groningen in the Netherlands.

·       Ireland AIB Manufacturing PMI (February)/ Inflation Rate (February)

·       Russia S&P Global Manufacturing PMI (February)

·       Germany Retail Sales (January)/ HCOB Manufacturing PMI (February)/ Bundesbank Nagel Speech

·       Turkey GDP Growth Rate Q4/ Istanbul Chamber of Industry Manufacturing PMI (February)

·       Great Britain Nationwide Housing Prices (February)/ BoE Consumer Credit (January)/ Mortgage Lending & Approvals (January)/ M4 Money Supply (January)/ Net Lending to Individuals (January)/ S&P Global Manufacturing PMI (February)/ BoE Taylor Speech

·       Hungary Balance of Trade (January)/ HALPIM Manufacturing PMI (February)

·       Switzerland Retail Sales (January)/ procure.ch Manufacturing PMI (February)

·       Poland S&P Global Manufacturing PMI (February)/ GDP Growth Rate Q4

·       Spain HCOB Manufacturing PMI (February)

·       Italy HCOB Manufacturing PMI (February)/ Full Year GDP Growth 2025/ Government Budget 2025

·       France HCOB Manufacturing PMI (February)

·       Euro Area HCOB Manufacturing PMI (February)/ ECB Elderson Speech/ ECB President Lagarde Speech

·       Greece S&P Global Manufacturing PMI (February)

·       Serbia GDP Growth Rate Q4

·       Ukraine Current Account (January)

·       EARNINGS: Bank of Ireland, Bunzl

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Africa

Political/Social Events –

·       The Inspire Africa Product Tour, bringing together builders and founders from across the continent, begins in Nairobi, Kenya.

·       The Infrastructure Africa conference takes place in Cape Town, South Africa.

Economic & Financial Reports/Events –

·       Nigeria Stanbic IBTC Bank Nigeria PMI (February)

·       South Africa ABSA Manufacturing PMI (February)/ Total New Vehicle Sales (February)

·       Egypt M2 Money Supply (January)

Tuesday, March 3, 2026

Global

·       A total lunar eclipse will be visible across Asia, Australia, the Pacific Islands and the Americas.

Americas

Political/Social Events –

·       President Donald Trump set to host German Chancellor Friedrich Merz at the White House.

·       Texas holds primaries elections.  Voters  will choose nominees for Senate midterm elections in November as well as statewide offices including governor, lieutenant-governor, comptroller and attorney-general. Four seats on the Texas Supreme Court are also up for election, along with all 150 seats in the Texas House and 16 seats in the Texas Senate. It follows a Supreme Court ruling last year, allowing a Texas electoral map that favors Republicans.

·       There will also be primary elections in Arkansas, California, Florida, Iowa, Kansas, Maine, North Carolina, New Mexico, South Carolina, Virginia, and Vermont.

·       Homeland Security Secretary Kristi Noem is scheduled to testify before the Senate Judiciary Committee.

·       The Bloomberg Invest Conference begins and runs through March 4. Apollo CEO Marc Rowan and Minneapolis President & CEO Neel Kashkari are scheduled to speak.

Economic & Financial Reports/Events –

·       New York Federal Reserve Bank President John Williams speaks before the ACU Governmental Affairs Conference 2026 organized by America's Credit Unions.

·       Minneapolis Federal Reserve Bank President Neel Kashkari participates in conversation before the 2026 Bloomberg Invest Conference.

·       Brazil IPC-Fipe Inflation (February)/ GDP Growth Rate Q4/ Net Payrolls (January)

·       USA LMI Logistics Managers Index (February)/ Redbook (February/28)/RCM/TIPP Economic Optimism Index (March)API Crude Oil Stock Change (February/27)

·       Colombia Exports (January)

·       Uruguay Unemployment Rate (January)

·       Mexico Foreign Exchange Reserves (January)

·       EARNINGS: Target, BestBuy, CrowdStrike

·        

Asia

Political/Social Events –

·       South Korean President Lee will travel to the Philippines to meet with President Marcos.

Economic & Financial Reports/Events –

·       Bank of Japan Governor Kazuo Ueda speaks at the FIN/SUM 2026 Conference.

·       Reserve Bank of Australia Michele Bullock speaks at the AFR Business Summit in Sydney.

·       Australia Building Permits (January)/ Current Account Q4/ Net Exports Contribution to GDP Q4/ Private House Approvals (January)

·       New Zealand Building Permits (January)/ Global Dairy Trade Price Index (March/03)

·       Japan Unemployment Rate (January)/ Jobs/applications ratio (January)/ Capital Spending Q4/ Monetary Base

·       South Korea S&P Global Manufacturing PMI (February)

·       Philippines Budget Balance DEC

·       Thailand Business Confidence (February)

·       Pakistan Inflation Rate (February)/ Wholesale Prices (February)

·       China Chinese People's Political Consultative Conference

Europe

Political/Social Events –

·       Pakistan Prime Minister Shariff will travel to Moscow to meet with Russian President Vladimir Putin.

·       UK Chancellor Rachel Reeves delivers her Spring Statement, outlining the latest economic and fiscal outlook.

Economic & Financial Reports/Events –

·       European Central Bank Governing Council member Martin Kocher speaks at the OeNB Women’s Forum in Vienna.

·       Great Britain BRC Shop Price Inflation (February)/ Spring Economic Statement

·       Romania PPI (January)

·       Turkey Inflation Rate (February)/ PPI (February)

·       Hungary GDP Growth Rate Q4

·       France Budget Balance (January)

·       Slovakia Real Wages Q4

·       Spain Unemployment Change (February)/ New Car Sales (February)

·       Euro Area Inflation Rate Flash (February)/ CPI Flash (February)

·       Greece Unemployment Rate (January)

·       Italy Inflation Rate (February)/ New Car Registrations (February)

·       EARNINGS: Thales

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Saudi Arabia Riyadh Bank PMI (February)

·       Jordan PPI (January)

Africa

Political/Social Events –

·       South Africa will host the Africa Energy Indaba Conference in Cape Town, South Africa and goes through March 5.

·       The SiGMA Conference, focused on internet gaming, begins in Cape Town, South Africa, and goes through March 5.

Economic & Financial Reports/Events –

·       Egypt S&P Global PMI (February)

Wednesday, March 4, 2026

Global

·       Nothing significant to report.

Americas

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Bank of Canada Governor Tiff Macklem speaks at a Global Risk Institute event in Toronto.

·       Brazil PPI (January)/ S&P Global Services PMI (February)/ S&P Global Composite PMI (February)

·       The Federal Reserve releases its Beige Book.

·       USA MBA Mortgage Market Index (February/27)/ ADP Employment Change (February)/ S&P Global Composite & Services PMI (February)/ ISM Services PMI (February)/ EIA Crude Oil & Gasoline Stocks Change (February/27)/ Total Vehicle Sales (February)

·       Canada Labor Productivity Q4/ S&P Global Composite & Services PMI (February)

·       Paraguay Inflation Rate (February)

·       Uruguay Inflation Rate (February)

·       EARNINGS: Broadcom, Wix

Asia

Political/Social Events –

·       The IMF’s Asia in 2050 conference begins in Bangkok and runs through March 6.

·       India celebrates Holi, the festival of colors, love, and spring.  Financial markets are closed.

Economic & Financial Reports/Events –

·       New Zealand Import Prices Q4/ Export Prices Q4/ Terms of Trade Q4

·       Australia Ai Group Construction/ Manufacturing/ Industry Index (February)/ S&P Global Composite & Services PMI (February)/ GDP Growth Rate Q4/ GDP Capital Expenditure Q4/ GDP Chain Price Index Q4/ GDP Consumption Q4/ RBA Payments System Board Meeting

·       South Korea Industrial Production (January)/ Retail Sales (January)

·       Hong Kong S&P Global PMI (February)/ Retail Sales (January)

·       Japan S&P Global Composite & Services PMI (February)/ Consumer Confidence (February)

·       Singapore S&P Global PMI (February)

·       China NBS General/ Manufacturing/ Non-Manufacturing PMI (February)/ RatingDog Manufacturing/ Composite/ Services PMI (February)/ Chinese People's Political Consultative Conference/ National People’s Congress

·       India HSBC Composite & Services PMI (February)

·       Taiwan Export Orders (January)

Europe

Political/Social Events –

·       Ukraine and Russia may have another round of talks under the mediation of the US. Through March 5.

·       The EU Parliament’s International Trade Committee will meet to discuss the status of the US-EU Trade Deal.

·       European Commission expected to announce details of its troubled “Made in Europe” plan, delayed by disagreements in the scope of the scheme.

Economic & Financial Reports/Events –

·       European Central Bank Vice President Piero Cipollone participates in a panel discussion at European Investment Bank Group Forum "A strong Europe in a changing world" in Luxembourg.

·       European Central Bank Board Member Patrick Montagner gives opening remarks at the IIF Roundtable on Growth and Competitiveness: Enhancing the EU Banking Regulatory Framework in Brussels, Belgium.

·       European Central Bank Board Member Luis de Guindos gives introductory remarks at Martin Wolf's lecture "The Crisis of the Liberal World Order" organized in cooperation with the American Academy Berlin in Frankfurt, Germany.

·       European Central Bank Governing Council member Madis Muller speaks at the Kite Flight conference in Tallinn, Lithuania.

·       European Central Bank Governing Council member Francois Villeroy de Galhau speaks at a roundtable at an OECD conference in Paris, France.

·       Swiss National Bank President Martin Schlegel speaks on the nation’s new banknote series in Zurich.

·       Ireland AIB Services PMI (February)/ Unemployment Rate (February)

·       Russia S&P Global Composite & Services PMI (February)/ Unemployment Rate (January)/ Business Confidence (February)/ Real Wage Growth (December)/ Retail Sales (January)/ GDP (January)

·       Romania Unemployment Rate (January)

·       Switzerland Inflation Rate (February)

·       Spain Tourist Arrivals (January)/ HCOB Composite & Services PMI (February)

·       Italy HCOB Composite & Services PMI (February)/ Unemployment Rate (January)/ GDP Growth Rate Q4

·       France HCOB Composite & Services PMI (February)/ New Car Registrations (February)

·       Germany HCOB Composite & Services PMI (February)/ Bundesbank Balz Speech

·       Euro Area HCOB Composite & Services PMI (February)/ Unemployment Rate (January)/ PPI (January)

·       Great Britain S&P Global Composite & Services PMI (February)

·       Poland Interest Rate Decision (March)

·       Turkey Imports/ Exports/ Balance of Trade (February)

·       EARNINGS: Adidas, Continental, Mercedes-Benz, Metro Bank

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       United Arab Emirates S&P Global PMI (February)

·       Jordan Unemployment Rate Q4

Africa

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       South Africa S&P Global PMI (February)/ GDP Growth Rate Q4/ Business Confidence Q1

·       Egypt Foreign Exchange Reserves (February)

Thursday, March 5, 2026 

Global

·       Nothing significant to report.

Americas

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman speaks virtual at the “Navigating What’s Next: Perspective on the Economy & Innovation.”

·       Federal Reserve Bank of Chicago President Austan Goolsbee will deliver brief, non-policy-related remarks at the start of the Foreign Policy Association’s financial services dinner in New York.

·       Brazil Unemployment Rate (January)/ Balance of Trade (February)

·       Mexico Gross Fixed Investment (December)

·       USA Challenger Job Cuts (February)/ Import Prices (January)/ Export Prices (January)/ Initial Jobless Claims (February/28)/ EIA Natural Gas Stocks Change (February/27)/ 15- & 30-Year Mortgage Rate (March/05)/ Fed Balance Sheet (March/04)

·       Ecuador Inflation Rate (February)

·       Colombia PPI (February)

·       EARNINGS: Costco, Kroger, Burlington, Petrobas

Asia

Political/Social Events –

·       China begins its annual political meetings known as the Two Sessions, with thousands of delegates (3,000+) gathering in Beijing. The Chinese People's Political Consultative Conference, an advisory body, convenes on Wednesday, before the National People's Congress gets underway on Thursday. This year, the Communist Party will finalize its new five-year plan, charting a course for enhancing technological self-sufficiency, coping with trade tensions and boosting consumer confidence.

·       Nepal holds its first parliamentary elections since the youth-led protests in September last year ousted the democratically elected government led by Prime Minister KP Sharma Oli and forced him to resign. Major groups contesting the polls include three traditional parties targeted by Gen Z protesters -- Oli's Communist Party of Nepal (UML), the Nepali Communist Party and the Nepali Congress -- and a new force, the Rastriya Swatantra Party, which seeks to channel public anger over corruption, unemployment and digital repression.

Economic & Financial Reports/Events –

·       South Korea Foreign Exchange Reserves (February)

·       Japan Foreign Bond Investment (February/28)/ Stock Investment by Foreigners (February/28)

·       Australia Imports/ Exports/ Balance of Trade (January)/ Household Spending (January)

·       Philippines Inflation Rate (February)

·       Thailand Inflation Rate (February)

·       Singapore Retail Sales (January)

·       Malaysia Interest Rate Decision

·       Taiwan Industrial Production (January)/ Retail Sales (January)/ Foreign Exchange Reserves (February)

·       China Chinese People's Political Consultative Conference/ National People’s Congress

·       Sri Lanka Tourist Arrivals (February)

·       EARNINGS: Alibaba

Europe

Political/Social Events –

·       The EU Justice and Home Affairs Council (Home Affairs) will meet in Brussels. They will discuss migration issues, security issues, and the EU Drug Strategy.

·       There will be an informal meeting of EU Culture Ministers through March 6 in Brussels.

Economic & Financial Reports/Events –

·       European Central Bank President Christine Lagarde delivers the 2026 Annual Global Risk Lecture, held in honor of Robert Mundell and organized by Johns Hopkins University in Bologna, Italy.

·       European Central Bank Board Member Luis de Guindos participates in a conversation at 2026 IIF European Summit "Securing Growth – Innovating to Compete" in Brussels, Belgium.

·       European Central Bank Board Member Sharon Donnery participates on a panel discussion at 2026 IIF European Summit "Securing Growth – Innovating to Compete" in Brussels, Belgium.

·       European Central Bank Board Member Pedro Machado gives the introductory dinner speech at the Florence School of Banking and Finance Annual Conference 2026 "The EU Savings and Investments Union" in Florence, Italy.

·       Bundesbank President Joachim Nagel presents the German central bank’s 2025 annual report in Frankfurt, Germany.

·       The European Central Bank publishes their account of their last monetary policy meeting.

·       Hungary Retail Sales (January)

·       France Industrial Production (January)/ HCOB Construction PMI (February)

·       Slovakia Retail Sales (January)

·       Spain Industrial Production (January)

·       Switzerland Unemployment Rate (February)

·       Euro Area HCOB Construction PMI (February)/ ECB Guindos Speech/ Retail Sales (January)/

·       Germany HCOB Construction PMI (February)/ Bundesbank 2025 Annual Report/ Bundesbank Balz Speech

·       Italy HCOB Construction PMI (February)/ Retail Sales (January)

·       Great Britain New Car Sales (February)/ S&P Global Construction PMI (February)

·       Ireland Current Account Q4/ GDP Growth Rate Q4/ GNP Q4

·       Serbia PPI (February)

·       Turkey Foreign Exchange Reserves (February/27)

·       THURSDAY: Reckitt Benckiser, Rentokil Initial, Taylor Wimpey, ITV

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Israel Tourist Arrivals (February)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Ghana Inflation Rate (February)

Friday, March 6, 2026

Global

·       The Milano Cortina Winter Paralympic Games opening ceremony, with competition running through March 15.

Americas

Political/Social Events –

·       Canadian Prime Minister Mark Carney will visit Japan through March 7.

Economic & Financial Reports/Events –

·       US Treasury Secretary Scott Bessent delivers a keynote address at the SIEPR Economic Summit at Stanford University, Stanford, California.

·       Cleveland Federal Reserve Bank President Beth Hammack participates in “On the Safe-haven Status of the Dollar" panel before the 2026 U.S. Monetary Policy Forum sponsored by the University of Chicago Booth School of Business.  Also speaking will be San Francisco Federal Reserve Bank President & CEO Mary Daly.

·       Chile Inflation Rate (February)

·       Brazil Industrial Production (January)/ Car Production (February)/ New Car Registrations (February)

·       USA Non-Farm Payrolls (February)/ Unemployment Rate (February)/ Average Hourly Earnings (February)/ Participation Rate (February)/ Government Payrolls (February)/ Manufacturing Payrolls (February)/ Retail Sales (January)/ U-6 Unemployment Rate (February)/ Used Car Prices (February)/ Business Inventories (December)/ Retail Inventories Ex Autos (December)/ Baker Hughes Total Rigs Count (March/06)/ / Consumer Credit Change (January)

·       Canada Ivey PMI s.a (February)

·       Costa Rica Inflation Rate (February)

·       Argentina Industrial Production (January)

·       Colombia Inflation Rate (February)

·       El Salvador Inflation Rate (February)

Asia

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       South Korea Inflation Rate (February)/ Current Account (January)

·       Japan Foreign Exchange Reserves (February)

·       Philippines Industrial Production (January)/ Foreign Exchange Reserves (February)

·       Vietnam Balance of Trade (February)/ Foreign Direct Investment (February)/ Industrial Production (February)/ Inflation Rate (February)/ Retail Sales (February)/ Tourist Arrivals (February)

·       Indonesia Foreign Exchange Reserves (February)

·       Kazakhstan Interest Rate Decision

·       Thailand Foreign Exchange Reserves (February)

·       Taiwan Inflation Rate (February)

·       Hong Kong Foreign Exchange Reserves (February)

·       India Bank Loan Growth (February/20)/ Deposit Growth (February/20)/ Foreign Exchange Reserves (February/27)

·       Australia RBA Hauser Speech

·       Pakistan Balance of Trade (February)

·       China Chinese People's Political Consultative Conference/ National People’s Congress

Europe

Political/Social Events –

·       The EU Justice and Home Affairs Council (Justice) will meet in Brussels. Topics for discussion include the fight against Russian impunity, the EU Charter of Fundamental Rights, and the fight against organized crime.

Economic & Financial Reports/Events –

·       European Central Bank President Christine Lagarde gives a lecture to Renzo Piano students at the Politecnico di Milano in Milan, Italy.

·       European Central Bank Board Member Piero Cipollone gives a presentation at the European Banking Federation (EBF) Executive Committee meeting in Frankfurt, Germany.

·       European Central Bank Board Member Isabel Schnabel gives a keynote speech at the University of Chicago Booth School of Business' US Monetary Policy Forum in New York.

·       Germany Factory Orders (January)/ New Car Registrations (February)

·       Romania GDP Growth Rate Q4

·       Great Britain Halifax House Price Index (February)/ BBA Mortgage Rate (February)

·       Hungary Industrial Production (January)

·       France Foreign Exchange Reserves (February)

·       Slovakia GDP Growth Rate Q4

·       Slovenia Balance of Trade (January)

·       Euro Area ECB President Lagarde Speech/ Employment Change Q4/ GDP Growth Rate Q4/ ECB Cipollone Speech/ ECB Schnabel Speech

·       Greece GDP Growth Rate Q4

·       Poland Foreign Exchange Reserves (February)

·       Russia Foreign Exchange Reserves (February)/ Vehicle Sales (February)

·       Turkey Treasury Cash Balance (February)

·       Switzerland Foreign Exchange Reserves (February)

·       Ukraine Foreign Exchange Reserves (February)

·       EARNINGS: Lufthansa, Royal London Group

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Israel Foreign Exchange Reserves (February)

Africa

Political/Social Events –

·       Today is Independence Day in Ghana.

Economic & Financial Reports/Events –

·       South Africa Foreign Exchange Reserves (February)

·       Angola Inflation Rate (February)

Saturday, March 7, 2026

Global

·       Nothing significant to report.

Americas

Political/Social Events –

·       President Donald Trump hosts Latin American leaders in Miami, Florida.  Mexican President Claudia Sheinbaum and Ecuadorian President Daniel Noboa are expected to attend.

Economic & Financial Reports/Events –

·       Colombia Parliamentary Elections

Asia

Political/Social Events –

·       IMF managing director Kristalina Georgieva visits Japan.

Economic & Financial Reports/Events –

·       China Chinese People's Political Consultative Conference/ National People’s Congress/ Foreign Exchange Reserves (February)

Europe

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Africa

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Sunday, March 8, 2026

Global

·       Daylight Saving Time begins in the United States with clocks going forward one hour in each state except Hawaii and Arizona, which do not observe daylight saving time.

Americas

Political/Social Events –

·       Colombia holds legislative elections.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Asia

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       China Chinese People's Political Consultative Conference/ National People’s Congress

Europe

Political/Social Events –

·       The Commonwealth Foreign Ministers Meeting will be held in London.

·       Switzerland holds a nationwide referendum. Voters will be asked on whether to cap the annual license fee for the Swiss Broadcasting Corporation at 200 francs while exempting other companies from the levy, whether to introduce individual taxation requiring married couples to file separate tax returns, whether to create a federal climate fund, and whether to protect cash in the constitution by guaranteeing that coins and banknotes remain in circulation.

·       Germany will hold state elections in Baden-Wurttemberg.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.

Africa

Political/Social Events –

·       Nothing significant to report.

Economic & Financial Reports/Events –

·       Nothing significant to report.