America’s Roundup: Dollar gains on euro as Ukraine crises clouds euro zone outlook, Wall Street ends sharply higher, Gold slips, Oil surges above $110/bbl, as few alternatives seen to Russian supply-March 3rd,2022

Market Roundup

•US Feb ADP Nonfarm Employment Change 475K,378K forecast, -301K previous

•Canada BoC Interest Rate Decision 0.50%, 0.50% forecast,0.25% previous

•US Crude Oil Inventories   -2.597M,2.748M forecast,4.515M previous

Looking Ahead Economic Data

• 23:50 Japan Foreign Bonds Buying 40.7B previous

• 23:50 Japan Foreign Investments in Japanese Stocks -261.9B previous

• 00:30 Australia Jan Private House Approvals  -1.8% previous

• 00:30 Japan Services PMI  42.7 forecast,47.6 previous

• 00:30 Japan Jan Exports (MoM) 1% previous         

• 00:30 Japan Jan Trade Balance 9.000B forecast,8.356B previous

• 00:30 Japan Jan Building Approvals (MoM)  -2.9%          forecast,8.2% previous

Looking Ahead – Events, Other Releases (GMT)

 •No events ahead

Currency Summaries

EUR/USD: The euro dipped to lowest level since May 2020 on Wednesday as investors worried…

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