KEYTAKEAWAYS
- Weekly news overview
- Trump Hosts First White House Cryptocurrency Summit
- US Nonfarm Payrolls Feb
CONTENT
WEEKLY NEWS OVERVIEW
Tuesday, March 4, 2025 (GMT -8, Pacific Time)
- 06:45: US Markit Manufacturing PMI (Feb)
- 07:00: US ISM Manufacturing PMI (Feb)
Wednesday, March 5, 2025
- 05:15: US ADP Employment Change (Feb)
- 06:45: US Markit Services PMI (Feb)
- 07:00: US ISM Non-Manufacturing PMI (Feb)
- 05:30: US EIA Crude Oil Stocks Change (Barrels)
Thursday, March 6, 2025
- 05:30: US Initial Jobless Claims
Friday, March 7, 2025
- 05:30: US Average Hourly Earnings (MoM) (Feb)
- 05:30: US Nonfarm Payrolls (Feb)
- 05:30: US Unemployment Rate (Feb)
- 08:00: Federal Reserve Monetary Policy Report
- 09:30: Federal Reserve Chair Jerome Powell Speech
- Trump Hosts First White House Cryptocurrency Summit
KEY EVENTS TO WATCH THIS WEEK
Trump Hosts First White House Cryptocurrency Summit（Friday）
President Trump will host the first White House Cryptocurrency Summit on March 7, bringing together industry leaders to discuss regulatory policies, stablecoin oversight, and Bitcoin’s potential role in the U.S. financial system. With at least 24 states already proposing Bitcoin-related legislation, this summit could set the tone for cryptocurrency regulation over the next four years.
US Nonfarm Payrolls Feb（Friday）
The U.S. February nonfarm payrolls data, set to be released on Friday, will be a key indicator for the direction of interest rates. Economists expect 133,000 jobs added in February, a slight decline from January’s 143,000, while the unemployment rate is projected to remain steady at 4%. Wage growth is also expected to slow, reflecting ongoing moderation in the labor market.
This data, along with the January PCE report, will be critical for the Federal Reserve’s upcoming policy meeting, where rates are likely to remain unchanged.
CONCLUSION
This week, global markets will focus on two major events: the White House Cryptocurrency Summit and the February nonfarm payrolls data. The summit could shape the future of cryptocurrency regulation in the U.S., while the jobs report will provide crucial insights into the health of the economy and influence the Federal Reserve’s monetary policy decisions.
In the cryptocurrency space, regulatory clarity from the summit may boost investor confidence, while economic data could impact risk sentiment across traditional and digital asset markets. As always, investors should stay vigilant and adapt to evolving market conditions, especially in a landscape where policy and economic trends are closely intertwined.
Also Read：
Weekly Outlook (2/24-3/02): NVIDIA Q4 Earnings Report, Core PCE Price Index (Jan)
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