Japan Capital Spending above forecasts (3%) in 4Q: Actual (6.5%)

Japan Monetary Base (YoY) came in at -10.6% below forecasts (-10.2%) in February

Japan Capital Spending registered at -10.6%, below expectations (3%) in 4Q

Japan Capital Spending came in at 6.5%, above expectations (3%) in 4Q

Japan Unemployment Rate registered at 2.7% above expectations (2.6%) in January

Japan Jobs / Applicants Ratio registered at 1.18, below expectations (1.19) in January

Societe Generale’s team examines China’s position in U.S.–Iran tensions, noting that Iran supplies most of China’s Oil but disruptions are manageable.

The Reserve Bank of Australia (RBA) Governor Michelle Bullock crossed the wires on Tuesday March 3 and she was hawkish. Bullock said that data justified February’s rate hike and that Middle East conflict adds to uncertainty.

Argentina Tax Revenue (MoM): 16231.8B (February) vs previous 18337.6B

ING’s Frantisek Taborsky warns CEE currencies face downside as the Iran-related energy shock hits an import-dependent region. Higher Oil and gas prices and a stronger Dollar are expected to weigh on CEE FX and delay rate-cut plans.

HSBC Asset Management argues several emerging markets are entering a structurally bullish phase, highlighting South Africa’s improving fiscal stance and policy credibility.

The business activity in the US manufacturing sector expanded in February, albeit at a slower pace than in January, with the Institue for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) edging lower to 52.4 from 52.6 in January.

OCBC strategists Sim Moh Siong and Christopher Wong note that UK political risks, including Labour’s by‑election defeat and potential leadership challenge, continue to weigh on Pound sentiment.

United States ISM Manufacturing Prices Paid above forecasts (59.5) in February: Actual (70.5)

United States ISM Manufacturing Employment Index: 48.8 (February) vs 48.1

United States ISM Manufacturing New Orders Index fell from previous 57.1 to 55.8 in February

United States ISM Manufacturing PMI above expectations (51.8) in February: Actual (52.4)

Governor of the Österreichische Nationalbank and member of the European Central Bank (ECB), Martin Kocher, said that the ECB should be prepared to move interest rates quickly in either direction in a Wall Street Journal interview on Monday.

Commerzbank’s Senior Economist Dr. Vincent Stamer argues that the Oil-driven inflation rise will weigh on Euro area GDP this year, trimming growth by more than 0.1 percentage points.

United States S&P Global Manufacturing PMI came in at 51.6, above expectations (51.2) in February

Canada S&P Global Manufacturing PMI increased to 51 in February from previous 50.4

Rabobank links the Iran strikes to a broader US ‘Grand Macro Strategy’ under Trumpism, aimed at controlling key raw materials and energy flows that China relies on.

United States (US) Secretary of War Pete Hegseth claimed that he would never put a time frime to the Iran operation, saying he is worried that Iran has long-range strike capabilities that can hit the tactical operations center, causing US casualties at a Pentagon press conference on Monday.

ABN AMRO economists assess how higher Brent Oil prices could affect eurozone inflation and the ECB.

South Africa Total New Vehicle Sales rose from previous 50073 to 53455 in February

Commerzbank’s Thu Lan Nguyen says the Swiss Franc has become the ultimate currency safe haven, even ahead of the Dollar and Japanese Yen.

Singapore Manufacturing PMI: 50.6 (February) vs 50.3

Brazil S&P Global Manufacturing PMI up to 47.3 in February from previous 47

Commerzbank’s Chief Economist Dr. Jörg Krämer notes that Brent crude Oil has reacted only moderately so far to the Middle East war and effective closure of the Strait of Hormuz, briefly rising above $80 before easing.

India Manufacturing Output down to 4.8% in January from previous 8.1%