Trading Week Ahead: Middle East Conflict Shocks Markets
Markets enter the week under the shadow of escalating Middle East tensions. Joint U.S.-Israeli strikes on Iran and the risk of wider regional spillover have sent oil sharply higher and pushed gold into rally mode, raising fresh concerns about renewed inflation pressure. Against this volatile backdrop, Eurozone CPI, U.S. Retail Sales, and Nonfarm Payrolls will test whether economic fundamentals can offset geopolitical risk.
👉 Eurozone CPI
Inflation is forecast to hold steady at 1.7%, unchanged from the previous reading. A surprise to the upside could lift EUR and push European yields higher. A softer print may strengthen expectations of further ECB easing and weigh on the euro.
👉 US Retail Sales
Consumer spending is expected to contract by 0.3% after a flat 0.0% print previously. A stronger-than-expected result could support USD and challenge rate cut bets. A deeper decline may pressure the dollar and boost risk sentiment.
👉 Nonfarm Payrolls
Job creation is forecast to slow sharply to 58,000 from 130,000 previously. A solid upside surprise would reinforce confidence in the U.S. economy and lift yields. A weak report could trigger broad volatility across currencies, bonds, and equities.
4:00 PM
USD
ISM Manufacturing PMI
11:00 AM
EUR
CPI
11:00 AM
GBP
Spring Forecast Statement
1:30 PM
GBP
Annual Budget Release
2:15 PM
USD
ADP Non-Farm Employment Change
4:00 PM
USD
ISM Services PMI
2:30 PM
USD
Unemployment Claims
2:30 PM
USD
Nonfarm Payrolls
2:30 PM
USD
Unemployment Rate
2:30 PM
USD
Average Hourly Earnings
3:30 PM
USD
Retail Sales
| Date | Time | Instrument | Event |
|---|---|---|---|
| Monday, Mar. 2 |
4:00 PM |
USD
|
ISM Manufacturing PMI |
| Tuesday, Mar. 3 |
11:00 AM |
EUR
|
CPI |
|
GBP
|
Spring Forecast Statement | ||
|
1:30 PM |
GBP
|
Annual Budget Release | |
| Wednesday, Mar. 4 |
2:15 PM |
USD
|
ADP Non-Farm Employment Change |
|
4:00 PM |
USD
|
ISM Services PMI | |
| Thursday, Mar. 5 |
2:30 PM |
USD
|
Unemployment Claims |
| Friday, Mar. 6 |
USD
|
Nonfarm Payrolls | |
|
USD
|
Unemployment Rate | ||
|
USD
|
Average Hourly Earnings | ||
|
3:30 PM |
USD
|
Retail Sales |
*All times in the table are in GMT+1
Related
Popular On FTMO
- As many Free Trials as you need
- Up to a simulated $200,000 FTMO Rewards Account
- Performance-based rewards
Worldwide Reviews