Macro Data Impacting Asia March 1-7 Payrolls and Yields in focus

01 Mar

US Earnings winding down but still some majors (including  Zoom Target, Kohl’s, Nordstrom, Costco and BJ’s Warehouse) along with Fed speakers who are expected to try and sooth inflation fears. US data PMI, ISM data, ADP, Factory Orders, Payrolls and Trade Balance are the key ones.
In Asia China PMI’s, and the ’two sessions’ annual political meeting of the National People’s Congress and Chinese People’s Political Consultative Conference. With investors watching for the next five plans as well as the short term priorities; will China focus on stimulus or dealing with the increasing bad debt problem?Next Sunday China releases its Trade Data, the PMI data suggests that it may show a slow down.
S Korean; Trade, Retail Sales, Manufacturing & Industrial production data, Inflation and GDP growth. Japan employment and Capital spending
In Europe lots PMI and Inflation data.  Also German and French Retail Sales and Factory output

Monday March 1
JAPAN Manufacturing PMI
S KOREA Balance of Trade, Exports, Imports Market Closed
TAIWAN No data due Market Closed
CHINA Caixin Manufacturing PMI
HONG KONG  No data due
EUROZONE Manufacturing PMI
GERMANY Manufacturing PMI, Inflation Rate
FRANCE Manufacturing PMI, New Car Registrations
UK Manufacturing PMI, Manufacturing PMI, Mortgage Lending, BoE Consumer Credit, Mortgage Approvals, Net Lending to Individuals
US Manufacturing PMI, Construction Spending, ISM Manufacturing data (PMI, New Orders, Prices & Employment), Total Vehicle Sales
Earnings  Zoom Video, MBIA, Ambac Financial, Hilton Grand Vacations, Inovio Pharma, Perrigo, Boingo Wireless, Tegna

Tuesday March 2
JAPAN Unemployment data and Capital Spending
S KOREA Industrial & Manufacturing Production and Retail Sales, Manufacturing PMI
TAIWAN Manufacturing PMI
CHINA No data due
HONG KONG No data due
EUROZONE Core Inflation Rate, Inflation Rate
GERMANY Retail Sales, Unemployment
FRANCE No data dueUK Nationwide House Prices.
US Redbook, ISM New York, IBD.TIPP Economic Optimism, API Crude Oil Change.
Earnings: Target, Box, Hewlett Packard Enterprise, Nordstrom, Ross Stores, International Game Technologies, AutoZone, Kohl’s, Abercrombie and Fitch, Hovnanian

Wednesday March 3
JAPAN Services and Composite PMI
S KOREA No data due
TAIWAN No data due
CHINA Caixin Services and Composite PMI
EUROZONE Services and Composite PMI, PPI
GERMANY Services and Composite PMI
FRANCE Services and Composite PMI
UK Services and Composite PMI, Budget Speech
US MBA Mortgage Applications and 30 yr Mortgage Rate, ADP Employment Change, Services and Composite PMI, ISM Non Manufacturing Data (PMI, New Orders, Business Activity, Prices, Employment), EIA Gasoline and Crude Stocks changes
Earnings: Wendy’s, Dollar Tree, Brown-Forman, Vivendi, Splunk, Marvell Tech, Snowflake, Vroom, American Eagle Outfitters

Thursday March 4
JAPAN Foreign Stock and Bond Investment, Consumer Confidence
S KOREA Inflation Rate, GDP Growth Rate
TAIWAN No data due
CHINA No data due
HONG KONG No data due
EUROZONE Retail Sales, Unemployment Rate, Construction PMI
GERMANY Construction PMI
FRANCE Construction PMI, Retail Sales
UK New Car Sales, Construction PMI
US Challenger Job Cuts, Initial Claims, 4 week Average Claims, Continuing Claims, Factory Orders, EIA Natural Gas Stocks Change,
Earnings: Broadcom, Costco, BJ’s Wholesale, Gap, Burlington Stores, Ciena, Michael’s Cos, IMAX, Kroger, Cooper Cos

Friday March 5
JAPAN Foreign Exchange Reserves
S KOREA No data due
TAIWAN  Foreign Exchange Reserves
CHINA No data due
HONG KONG Foreign Exchange Reserves
EUROZONE No data due
GERMANY Factory Orders
FRANCE Balance of Trade, Current Account
UK Halifax House Price Index
US Balance of Trade, Non Farm Payrolls, Unemployment Rate, Average Weekly Hours, Average Hourly Earnings, Participation Rate, Exports, Imports, Baker Hughes Rig Data
Earnings: Big Lots

Sunday March 6
China Balance of Trade, Exports, Imports, Foreign Exchange Reserves.

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