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Breakfast Bites - China's Interesting Move

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

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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