Today's economic calendar is filled with important data, primarily focusing on the U.S. employment figures.
The week's biggest number is the government's non-farm payroll report, which can move markets drastically in either direction. This reading directly reflects the national unemployment rate.
8:30 a.m. ET
- February non-farm payrolls: Forecast calls for 206,000 to 250,000 jobs versus January's 243,000.
- February non-farm private payrolls: Forecast calls for 220,000 to 275,000 jobs versus January's 257,000.
- February unemployment rate: Forecast calls for 8.3 percent, unchanged from January.
- February hourly earnings: Forecast calls for 0.2 percent, unchanged from January.
- February average workweek: Forecast calls for 34.40 hours versus January's 34.50 hours.
- January trade balance: Forecast calls for -$48 billion versus the previous -$48.8 billion.
10 a.m. ET
- January wholesale inventories: Forecast calls for 0.6 percent versus the previous 1 percent.
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