Next week, global markets are expected to navigate through heightened uncertainty and risk aversion due to the evolving geopolitical tensions between the United States and Iran. According to BlockBeats, aside from geopolitical developments, several key macroeconomic events are scheduled. On Monday at 22:45 UTC+8, the final reading of the U.S. February S&P Global Manufacturing PMI will be released, followed by the U.S. February ISM Manufacturing PMI at 23:00 UTC+8. On Wednesday at 21:15 UTC+8, the U.S. February ADP employment figures will be announced. Thursday will see the release of the Federal Reserve's Beige Book at 03:00 UTC+8, the U.S. February Challenger job cuts at 20:30 UTC+8, and the initial jobless claims for the week ending February 28, along with the U.S. January import price index at 21:30 UTC+8. On Friday at 21:30 UTC+8, the U.S. February unemployment rate, seasonally adjusted non-farm payrolls, and the U.S. January retail sales monthly rate will be reported.
In the U.S. stock market, recent data indicates that the Nasdaq Composite Index has failed to reach new highs for four consecutive months. Both the S&P 500 Index and the Nasdaq Index have experienced their worst monthly performance since March of last year. This trend reflects growing investor skepticism about the ability of AI technology to translate into tangible profits, as Wall Street navigates a turbulent period led by tech stocks.
Alex
