Today, JustForex team of financial analysts has prepared a new review of events in the upcoming week.

These events can significantly affect the Forex market.

Choose and track the ones that are most important to you.

Last week, the US dollar recouped some of the losses relative to the basket of world currencies. During this period, the dollar index (#DX) increased by more than 0.75%. The support was provided by the FOMC protocols. The report pointed to the stable growth of the US economy and the probability of a more rapid increase in interest rates. The Fed’s representatives noted that inflation could reach the target level of 2%. Participants of the financial markets are waiting for the speech by the Chairman of the Federal Reserve System and the report on the labor market in the United States.

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

February 26th, Monday

On Monday, investors will look for the following economic reports:

• New home sales in the US at 17:00 (GMT+2:00);
• New Zealand trade balance at 23:45 (GMT+2:00).

We also recommend you to pay attention to the speech of the head of the ECB, Mario Draghi.

February 27th, Tuesday

On Tuesday, we expect important economic reports from the US:

• Statistics on durable goods orders at 15:30 (GMT+2:00);
• CB consumer confidence index at 17:00 (GMT+2:00).

We recommend you to pay attention to the press conference of the Fed’s head, Mr. Powell.

February 28th, Wednesday

On Wednesday, the news feed will be quite eventful:

• Statistics on retail sales and industrial production in Japan at 01:50 (GMT+2:00);
• Data on business activity in China at 03:00 (GMT+2:00);
• A report on the labor market of Germany at 10:55 (GMT+2:00);
• The consumer price index of the Eurozone at 12:00 (GMT+2:00);
• Data on the US GDP at 15:30 (GMT+2:00);
• The index of pending sales in the US real estate market at 17:00 (GMT+2:00).

March 1st, Thursday

On Thursday, the attention will be focused on the following economic reports:

• The index of business activity in the manufacturing sector of China from Caixin at 03:45 (GMT+2:00);
• A number of indices of business activity in the manufacturing sector of Germany, the Eurozone and the UK at 10:55 (GMT+2:00), 11:00 (GMT+2:00) and 11:30 (GMT+2:00), respectively;
• The index of business activity in the manufacturing sector of the US from ISM at 17:00 (GMT+2:00).
  Investors will follow the speech by the Fed’s head.

March 2nd, Friday

On Friday, the key event will be the publication of the report on the labor market in the US at 15:30 (GMT+2:00).

Important economic reports:

• The index of business activity in the construction sector in the UK at 11:30 (GMT+2:00);
• The data on the GDP of Canada at 15:30 (GMT+2:00).

We also recommend you to pay attention to the speech by the Prime Minister of Great Britain.