Breakfast Bites - China's Interesting Move

China's NPC starts this week; Powell gives testimony on Wed & Thu; US Govt Update; OPEC+ keeps cuts

Ayesha Tariq
March 04, 2024

Rise and shine everyone and Happy Monday.

It’s a quiet start to the week on the Macro Data and Earnings front but, we do have a few key releases over the remainder of the week:

China starts its NPC on March 6 and we’ll be waiting for key economic updates including a GDP target
The ECB meeting takes place on Thursday and we’re not expecting a change in rates although we think the tone will continue to remain hawkish
Fed Chair Powell delivers testimony this week on “Semiannual Monetary Policy Report to Congress” - on Wednesday and Thursday
Bank of Canada rate decision on Wednesday
US Jobs Report on Friday
China’s Inflation report on Saturday

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