Markets Await Key US PMI and Employment Data Next Week

Investors are bracing for a busy economic calendar next week as manufacturing and services PMI readings are scheduled for release. These indicators are vital for assessing the current health of the US economy and its resilience against ongoing monetary tightening. Furthermore, significant employment and jobs data are slated for early March, providing critical insights into labor market trends. Market participants closely watch these figures as they heavily influence the Federal Reserve's future interest rate decisions. The upcoming data releases are expected to trigger volatility across major instruments, including the USD and equity ETFs like SPY and QQQ. Overall, these macro indicators will serve as a primary gauge for the economy's trajectory in the coming months.