Global equities ended mostly firmer last week, amid optimism surrounding global economic recovery.
UK Markets ended the week in positive territory, after British Finance Minister Rishi Sunak announced an additional £65 billion in fiscal aid.
The Markit manufacturing PMI advanced to a 2-month high in February.
In the UK, the Nationwide house prices rebounded in February.
The Markit construction PMI expanded in February.
UK’s net consumer credit declined in January.
Mortgage approvals fell to a 3-month low level in January.
In the UK, the BRC shop price index fell in February.
The Markit services PMI climbed less than market anticipations in February.
The Halifax house price index dropped for a second consecutive month in February.
European Markets ended the week on a positive footing, amid optimism over US stimulus.
Eurozone’s Markit manufacturing PMI advanced to a 3-year high in February.
In the Eurozone, the consumer price index (CPI) rose in line with market expectations in February.
Eurozone’s Markit services PMI slightly rose in February.
In the Eurozone, producer price index (PPI) recorded a flat reading in January.
Eurozone’s retail sales fell more than market forecast in January.
In the Eurozone, the unemployment rate remained steady in January.
Germany’s factory orders rose more than market consensus in January.
In Germany, consumer prices accelerated more than market expectations in February.
Germany’s Markit manufacturing PMI advanced in February.
In Germany, retail sales declined for a second straight month in January.
Germany’s Markit services PMI fell in February, hitting its lowest level since May.
In Germany, the unemployment rate remained steady in February.
US Markets ended the week mostly higher, following better than expected domestic jobs data.
In the US, construction spending climbed more than market expectations in January.
The ISM manufacturing PMI rose in February.
US Markit services PMI advanced to a 6-year high level in February.
In the US, the unemployment rate unexpectedly fell in February.
Non-farm payrolls jumped more than market anticipations in February.
US durable goods orders climbed in January.
In the US, factory orders advanced more than market forecast in January.
Average hourly earnings of all employees rose at par with market expectations in February.
Initial jobless claims rose less than expected in the week ended 26 February 2021.
Trade deficit widened in January.
The Markit manufacturing PMI fell in February.
In the US, the ISM services index unexpectedly dropped in February.
Private sector employment rose less than market consensus in February.
Federal Reserve Chairman Jerome Powell, in his speech, stated that reopening of the US economy could lead to higher inflation, but the central bank will remain “patient” with regard to monetary policy. However, he expects the increase in inflation to be "transitory”.
Asian Markets ended mostly weaker last week, amid ongoing worries over rising US Treasury yields.
In Australia, current account surplus widened in 4Q20.
Australia’s gross domestic product (GDP) advanced more than expected in 4Q 2020.
In Australia, trade surplus widened in January.
Australia’s AiG performance of services index edged up in February.
In Australia, building permits declined in January.
Australia’s AiG performance of construction index eased in February.
In Australia, retail sales rose less than market anticipations in January.
China’s trade surplus unexpectedly widened in February.
China’s Caixin services PMI dropped in February.
In Japan, the Jibun Bank services PMI climbed in February.
Japan’s consumer confidence index advanced more than market forecast in February.
In Japan, current account surplus unexpectedly narrowed in January.
Japan reported a trade deficit (BOP basis) in January.
Japan’s unemployment rate remained steady in January.