Important upcoming events and publications

Important upcoming events and publications for March 2 (GMT):

07:00 The German consumer climate Index is able to influence the EUR quotes. In the previous two months, this Index jumped but the weakening of business indices indicates the need to be cautious.

12:30 U.S. Building Permits grew since November and it slightly reduced fears around the health of the country’s construction sector. The real estate market is considered as a good indicator of economic activity, attracts the attention of the markets.

14:00 U.S. Consumer Confidence Index was close to the historic highs at the end of the year but fell sharply after the stock market’s collapse and the government shutdown. In February, the index showed growth, and further recovery is expected in March.

See the detailed Economic calendar here