04.03.2015 – Economic Calendar by Dukascopy
March 4, 2015 1:27 pmVideo
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Two major central banks will release their latest monetary policy statements on Thursday, the 5th of March, so keep watching this Economic Calendar to find out more. I’m Sinead MacLaughlin
German Factory Orders for January will be available at 7 AM in the morning. Orders rebounded in December as both domestic and foreign orders went up.
Euro Zone Retail PMI for February comes at 9:10. The Index continued to decline in January, having stood in the negative territory for the past seven months.
Bank of England will release its closely watched Monetary Policy Statement at noon. No changes in monetary policy are expected, but there could be some hints as to the timing of a possible rate hike.
The highly anticipated European Central Bank Monetary Policy Statement comes at quarter to one. Make sure you tune in to President Draghi’s press conference 45 minutes later, as his comments often cause volatility in the markets.
Yet another high importance event is scheduled at 1:30 PM GMT, when the US Jobless Claims are released. Initial claims shot up by 31 thousand during the week ending February 21, while the continuing claims went down by 21 thousand during the week ending February 14.
US Factory Orders for January are out at 3. December data surprised on the downside as orders declined for the fifth consecutive month.
Canadian Ivey PMI for February will be available at the same time. The Index came in much weaker than expected in January, slipping in the negative territory for the first time in 6 months.
And last up at half past ten in the evening is the Australian Performance of Construction Index for February. The Index saw some improvement in January, but it remains below the 50 point mark indicating growth.
You’ve been watching the Economic Calendar for Thursday. Check back in for our next overview of key events for Friday. Goodbye.
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