Caixin services PMI. China, 03:45 (GMT+2) 05 Mar

05Mar.202502:45

Caixin services PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), the Caixin Services PMI for February is due, based on a survey of purchasing managers of non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for its development. It may fall from 51.0 points to 50.8 points, putting pressure on the yuan.

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05 Mar. 2025 01:30

Services PMI. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2), in Japan, the February business activity index in the services sector is due by the national Ministry of Economy, Trade and Industry. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator against the Tankan business activity index. It may grow from 53.0 points to 53.1 points, supporting the yen.

05 Mar. 2025 08:30

Consumer price index. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), Switzerland will present February data on the consumer price index, the main indicator of the inflation rate in the country and reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, and healthcare. The index has a significant impact on the decisions of the Swiss National Bank on monetary policy. It may follow that it will change from –0.1% to 0.5% MoM.

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