MNI China Daily Summary: Monday, March 4

MNI BRIEF: China To Strengthen Fund Management

MNI BRIEF: China Cancels Decades-old Routine Premier Presser

MNI: PBOC Drains Net CNY319 Bln Via OMO Mon; Rates Unchanged

MNI BRIEF: PBOC To Support Foreign Visitors' Digital Payments

RPT-MNI POLICY: G20 CenBanks Worried By Optimistic Markets

Bond Supply Calendar: DE, HR Synds; AT, UK, DE Due Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium, ESM Auction on Tuesday

MNI Eurozone Inflation Insight – Feb 2024

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

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Data on February employment is......>

US DATA PREVIEW
US DATA PREVIEW: Data on February employment is scheduled to be released at 8:30
am ET (13:30 GMT) Friday and is expected to show a 180,000 increase by the
Bloomberg consensus and a 183,000 gain by the MNI survey, but with the risk of
an upside surprise based on survey history, which shows underestimates in each
of the last seven February reports.
- Markets are also interested in any revision to the sharp 304,000 January gain.
A large upward revision to the ADP figure in January, while far from an exact
signal, does suggest some upside risk for a revision.
- Both the BBG and MNI surveys expect the unemployment rate to dip back to 3.9%
and hourly earnings are seen rising 0.3% by both surveys. A 0.3% gain in
earnings would push the year/year rate back to 3.3%, assuming no large revision
to the January data. The average workweek is expected to remain at 34.5 hours.

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