US 0830 ET Feb nonfarm payrolls expected +205,000, Jan +200,000. Feb private payrolls expected +203,000, Jan +196,000. Feb manufacturing payrolls expected +15,000, Jan +15,000. Feb unemployment rate expected -0.1 to 4.0%, Jan unch at 4.1
0830 ET Feb average hourly earnings expected +0.2% m/m and +2.8% y/y, Jan +0.3% m/m and +2.9% y/y. Feb average weekly hours all-employees expected +0.2 to 34.5 hours, Jan -0.2 to 34.3 hours.
1000 ET Jan wholesale trade sales, Dec +1.2% m/m. Final-Jan wholesale inventories expected unrevised at +0.7% m/m.
1240 ET Boston Fed President Eric Rosengren (non-voter) speaks on U.S. economic outlook at Springfield Regional Chamber’s annual outlook luncheon in Springfield, MA.
1245 ET Chicago Fed President Charles Evans (non-voter) speaks on the economy and monetary policy at event hosted by Manhattan Institute Shadow Open Market Committee in NY.
GER 0200 ET German Jan trade balance expected +18.1 billion euros, +18.1 billion euros. Jan exports expected +0.3% m/m, Dec unch m/m. Jan imports expected -0.1% m/m, Dec +1.1% m/m.
0200 ET German Jan current account balance expected +16.4 billion euros, Dec +27.8 billion euros.
0200 ET German Jan industrial production expected +0.6% m/m and +6.0% y/y, Dec -0.6% m/m and +6.5% y/y.
0200 ET German Q4 labor costs, Q3 +0.7% q/q and +2.2% y/y.
FRA 0245 ET France Jan industrial production expected -0.3% m/m and +3.8% y/y, Dec +0.5% m/m and +4.5% y/y.
0245 ET France Jan manufacturing production expected +0.3% m/m and +4.8% y/y, Dec +0.3% m/m and +4.7% y/y.
ITA 0400 ET Italy Jan PPI, Dec unch m/m and +2.2% y/y.
UK 0430 ET UK Jan industrial production expected +1.5% m/m and +1.9% y/y, Dec -1.3% m/m and unch y/y.
0430 ET UK Jan manufacturing production expected +0.2% m/m and +2.8% y/y, Dec +0.3% m/m and +1.4% y/y.
0430 ET UK Jan construction output expected -0.5%h m/m and -1.0% y/y, Dec +1.6% m/m and -0.2% y/y.
0700 ET UK Feb NIESR GFP estimate, Jan +0.5% q/q.
CAN 0830 ET Canada Q4 capacity utilization rate expected +0.2 to 85.2%, Q3 +0.7 to 85.0%
0830 ET Canada Feb net change in employment expected +22,000, Jan -88,000. Feb unemployment rate, Jan +0.1 to 5.9%.
JPN n/a BOJ announces interest rate decision.
CHI n/a China Feb yuan new loans expected +900 billion yuan, Jan +2.9 trillion yuan. Feb aggregate financing expected +1.067 trillion yuan, Jan +3.060 trillion yuan.
Commodity Calendar – Friday 3/9/2018
3/9/2018 13:00 Baker Hughes U.S. Rotary Gas Rigs 9-Mar — 181
3/9/2018 13:00 Baker Hughes U.S. Rotary Oil Rigs 9-Mar — 800
3/9/2018 13:00 Baker Hughes U.S. Rig Count 9-Mar — 981
3/12/2018 11:00 Export Inspections – Corn 8-Mar — —
3/12/2018 11:00 Export Inspections – Soybeans 8-Mar — —
3/12/2018 11:00 Export Inspections – Wheat 8-Mar — —