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Memo for Next Week

AASTOCKS ·  Feb 27 18:10

March 1 (Sunday)

Macau February gaming revenue year-over-year: forecasted increase of 1%; previous value increased by 24%

South Korea February preliminary trade balance: forecasted surplus of $10.02 billion; revised previous surplus of $8.715 billion

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March 2 (Monday)

Australia February S&P Global Manufacturing PMI final: initial value 51.5

Australia February TD-MI inflation index month-over-month: previous value increased by 0.2%

Australia February TD-MI inflation index year-over-year: previous value increased by 3.6%

Japan February Manufacturing PMI final: initial value 52.8

Taiwan February Nikkei Manufacturing PMI: previous value 51.7

Vietnam February S&P Global Vietnam Manufacturing PMI: previous value 52.5

Australia's February seasonally adjusted ANZ total job advertisements month-over-month rate: previous value 4.4%

Australia's February seasonally adjusted ANZ total job advertisements year-over-year rate: previous value -3.2

Australia's Q4 corporate operating profits quarter-over-quarter rate last year: forecast increase of 2.0%; previous value 0.0%

Australia's Q4 seasonally adjusted corporate inventories quarter-over-quarter rate last year: forecast decrease of 0.1%; previous value decrease of 0.9%

India's February manufacturing PMI final: preliminary value 57.5

India's January industrial production year-over-year rate: forecast increase of 6.0%; previous value increase of 7.8%

UK's February Nationwide house price index month-over-month rate: forecast increase of 0.3%; previous value increase of 0.3%

UK's February Nationwide house price index year-over-year rate: forecast increase of 0.7%; previous value increase of 1%

Switzerland's January real retail sales year-over-year rate: previous value increase of 2.9%

Switzerland's February SVME PMI final: forecast 50.3; preliminary value 48.8

Italy's final manufacturing PMI for February: Initial value 48.1

France's final manufacturing PMI for February: Initial value 49.9

Germany's final manufacturing PMI for February: Initial value 50.7

Eurozone's final manufacturing PMI for February: Forecast 50.8; Initial value 50.8

UK mortgage approvals for house purchases in January: Previous value 61,000

UK's final manufacturing PMI for February: Forecast 52; Initial value 52

Canada's S&P Global Manufacturing PMI for February: Previous value 50.4

US final manufacturing PMI for February by S&P Global: Initial value 51.2

US ISM Manufacturing PMI for February: Forecast 51.8; Previous value 52.6

Earnings announcements: MINIMAX-WP (00100.US), Aoxin Holdings-B (02256.HK), Tuya Inc-W (02391.HK)

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March 3 (Tuesday)

New Zealand January building permits month-over-month: previous value down 4.6%

Japan January unemployment rate: forecast 2.6%; previous value 2.6%

Japan January job-to-applicant ratio: forecast 1.2; previous value 1.19

Japan February base money supply year-over-year: previous value down 9.5%

Japan Q4 corporate capital expenditure year-over-year: forecast up 3%; previous value up 2.9%

Australia Q4 current account balance: forecast deficit AUD 16.5 billion; previous value deficit AUD 16.6 billion

South Korea February HSBC Manufacturing PMI: previous value 51.2

Australia January seasonally adjusted building permits month-over-month: forecast up 5%; previous value down 14.9%

Italy February preliminary harmonized CPI year-over-year: previous value up 1%

Italy's preliminary harmonized CPI month-over-month for February: previous value decreased by 1%.

Eurozone's preliminary CPI year-over-year for February: forecasted increase of 1.7%; previous value increased by 1.7%.

Eurozone's preliminary CPI month-over-month for February: forecasted increase of 0.4%; previous value decreased by 0.6%.

Eurozone's preliminary core CPI year-over-year for February: forecasted increase of 2.1%; previous value increased by 2.2%.

Earnings announcements: Techtronic Industries (00669.HK), ASMPT (00522.US), Great Eagle Holdings (00041.HK), Minmetals Resources (01208.HK), Pacific Basin Shipping (02343.HK).

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March 4 (Wednesday).

Australia's final S&P Global Composite PMI for February: initial value 52.

Australia's final S&P Global Services PMI for February: initial value 52.2.

South Korea's industrial production year-over-year for January: forecasted increase of 2.3%; previous value decreased by 0.3%.

South Korea's seasonally adjusted industrial production month-over-month for January: forecasted increase of 0.5%; previous value increased by 1.7%.

Australia's Q4 GDP growth rate last year: forecasted to increase by 0.6%; previous value increased by 0.4%.

Australia's annual GDP growth rate for Q4 last year: forecasted to rise by 2.2%; previous value rose by 2.1%.

Hong Kong's February S&P Global Manufacturing PMI: previous value 52.3.

Japan's February final Composite PMI: initial value 53.8.

Japan's February final Services PMI: initial value 53.8.

China's official February Manufacturing PMI: forecasted at 49.1; previous value was 49.3.

China's official February Services PMI: forecasted at 49.8; previous value was 49.4.

China's February Composite PMI: previous value 49.8.

China's February RatingDog Composite PMI: previous value 51.6.

China's February RatingDog Services PMI: forecasted at 52.3; previous value was 52.3.

China February RatingDog Manufacturing PMI: Forecast 50.1; Previous 50.3

Japan February Household Consumer Confidence Index: Forecast 38.1; Previous 37.9

India February Composite PMI Final: Initial 59.3

India February Services PMI Final: Initial 58.4

Switzerland February CPI Year-on-Year: Forecast -0.1%; Previous +0.1%

Switzerland February CPI Month-on-Month: Forecast +0.5%; Previous -0.1%

Taiwan January Export Orders Year-on-Year: Forecast +55.3%; Previous +43.8%

Hong Kong January Retail Sales Year-on-Year: Previous +6.6%

Italy February Services PMI: Previous 52.9

Italy February Composite PMI: Previous 51.4

Final France Services PMI for February: Initial reading 49.6

Final France Composite PMI for February: Initial reading 49.9

Final Germany Services PMI for February: Initial reading 53.4

Final Germany Composite PMI for February: Initial reading 53.1

Italy's unemployment rate in January: Previous reading 5.6%

Final Eurozone Services PMI for February: Forecast 51.8; Initial reading 51.8

Final Eurozone Composite PMI for February: Forecast 51.9; Initial reading 51.9

Final UK Services PMI for February: Forecast 53.9; Initial reading 53.9

Final UK Composite PMI for February: Forecast 53.9; Initial reading 53.9

Eurozone PPI month-on-month rate for January: Previous reading down 0.3%

Eurozone January PPI year-over-year: Previous value decreased by 2.1%.

Italy Q4 GDP quarter-over-quarter final reading: Initial estimate increased by 0.3%.

Italy Q4 GDP year-over-year final reading: Initial estimate increased by 0.8%.

Eurozone January unemployment rate: Forecast 6.2%; previous value 6.2%.

US February ADP employment change: Forecast 42,000; previous value 22,000.

Canada February S&P Global Services PMI: Previous value 45.8.

Canada February S&P Global Composite PMI: Previous value 46.4.

US February S&P Global Services PMI final: Initial estimate 52.3.

US February S&P Global Composite PMI final: Initial estimate 52.3.

US February ISM Services PMI: Forecast 53.8; previous value 53.8.

Earnings Announcement: Broadcom (AVGO.US); Uni-President (00220.HK)

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March 5 (Thursday)

South Korea’s Foreign Exchange Reserves in February: Previous Value $425.91 billion

Australia’s January Goods and Services Trade Balance: Forecast Surplus AUD 3.8 billion; Previous Surplus AUD 3.373 billion

Singapore’s January Retail Sales Year-on-Year Rate: Previous Value +2.7%

France’s January Industrial Production Month-on-Month Rate: Previous Value -0.7%

France’s January Industrial Production Year-on-Year Rate: Previous Value +1.7%

France’s January Manufacturing Output Month-on-Month Rate: Previous Value -0.8%

France’s January Manufacturing Output Year-on-Year Rate: Previous Value +2.1%

Taiwan’s January Industrial Production Year-on-Year Rate: Forecast +28.9%; Previous Value +21.57%

Switzerland February Unadjusted Unemployment Rate: Forecast 3.2%; Previous 3.2%

Switzerland February Seasonally Adjusted Unemployment Rate: Forecast 3.0%; Previous 2.9%

Germany February Construction PMI: Previous 44.7

Italy January Seasonally Adjusted Retail Sales MoM: Previous -0.8%

Italy January Retail Sales YoY: Previous +0.9%

UK February Construction PMI: Previous 46.4

Eurozone January Retail Sales MoM: Forecast +0.2%; Previous -0.5%

Eurozone January Retail Sales YoY: Forecast +1.7%; Previous +1.3%

US February Challenger Job Cuts YoY: Previous +117.8%

US February Challenger Job Cuts: Previous 108,435 persons

U.S. January import price index month-over-month: previous value up 0.1%

U.S. January import price index year-over-year: previous value unchanged

U.S. January export price index month-over-month: previous value up 0.3%

U.S. January export price index year-over-year: previous value up 3.1%

U.S. Q4 preliminary non-farm productivity last year: forecasted to rise 1.6%; previous value up 4.9%

U.S. Q4 preliminary non-farm unit labor costs last year: forecasted to rise 2.2%; previous value down 1.9%

U.S. initial jobless claims last week: previous value 212,000

Earnings announcements: Costco (COST.US); Bilibili-W (09626.HK), JD.com-SW (09618.HK), JD Health (06618.HK), JD Logistics (02618.HK), Autohome-S (02518.HK), Prada (01913.HK), China Tobacco Hong Kong (06055.HK), Hutchmed (00013.HK), SJM Holdings (00880.HK), Yixin Group (02858.HK)

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March 6 (Friday)

South Korea January unadjusted current account balance: previous value $18.7026 billion

South Korea February CPI MoM: Forecast +0.4%; Previous +0.4%

South Korea February CPI YoY: Forecast +2.1%; Previous +2.0%

Vietnam February Trade Balance: Previous -USD 1.78 billion

Germany January Adjusted Manufacturing Orders MoM: Forecast -5.0%; Previous +7.8%

Germany January Working-Day Adjusted Manufacturing Orders YoY: Forecast +13.2%; Previous +13.0%

Switzerland February Foreign Exchange Reserves: Previous CHF 712.0 billion

Taiwan February Unadjusted CPI YoY: Forecast +1.6%; Previous +0.69%

Hong Kong February Foreign Exchange Reserves: Previous USD 435.6 billion

Eurozone Q4 Last Year GDP QoQ Revised: Forecast +0.3%; Preliminary +0.3%

Eurozone Q4 Last Year GDP YoY Revised: Forecast +1.3%; Preliminary +1.3%

U.S. January retail sales month-over-month: forecasted to decline by 0.3%; previous value unchanged.

U.S. January core retail sales month-over-month: forecasted to remain unchanged; previous value unchanged.

U.S. February seasonally adjusted nonfarm payroll employment: forecasted at 60,000; previous value 130,000.

U.S. February unemployment rate: forecasted at 4.3%; previous value 4.3%.

Canada February Ivey seasonally adjusted PMI: previous value 50.9.

U.S. December business inventories month-over-month: previous value increased by 0.1%.

Earnings announcements: ZTE Corporation (00763.HK), CARsgen Therapeutics-B (02171.HK).

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