Retail sales from the euro area and construction purchasing managers' survey from the UK are due on Thursday. At 2.45 am ET, France's statistical office INSEE is scheduled to release industrial output data for January. Economists forecast industrial production to grow 0.4 percent month-on-month, in contrast to the 0.7 percent fall in December.

Service sector activity in the U.S. unexpectedly grew at a faster pace in the month of February, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI climbed to 56.1 in February from 53.8 in January, with a reading above 50 indicating growth. Economists had expected the index to edge down to 53.6.

A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by more than expected in the month of February. ADP said private sector employment climbed by 63,000 jobs in February after rising by a downwardly revised 11,000 jobs in January. Economists had expected private sector employment to grow by 48,000 jobs.

Eurozone private sector growth improved in February due to a faster rise in demand for goods and services, final survey data from S&P Global showed Wednesday. The HCOB final composite output index rose to a three-month high of 51.9 in February, in line with flash estimate, from 51.3 in the previous month. The index has remained above the threshold 50.0 mark for 14 straight months.

Unemployment and final services purchasing managers' survey results from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.30 am ET, Switzerland's Federal Statistical Office publishes consumer price data is due. Economists forecast consumer prices to fall 0.1 percent on a yearly basis, in contrast to the 0.1 percent rise in January.

China's manufacturing activity grew at the fastest pace in more than five years in February and the services sector grew the most in almost three years, survey results from S&P Global revealed Wednesday. The headline RatingDog manufacturing Purchasing Managers' Index rose to 52.1 from 50.3 in January. This was the highest score since December 2020.

Eurozone inflation increased unexpectedly in February even before the conflict in the Middle East began, official data showed on Tuesday. The harmonized index of consumer prices rose 1.9 percent from a year ago, the flash estimate revealed. This followed January's 1.7 percent increase and December's 2.0 percent rise. Prices were expected to climb at a steady pace of 1.7 percent.

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, as the comments by the Reserve Bank of Australia (RBA) Governor Michele Bullock about the outlook for monetary policy spurred rate-hike bets.

Flash inflation from the euro area and unemployment from Spain are the top economic news due on Tuesday. At 2.00 am ET, the Turkish Statistical Institute is set to issue consumer and producer prices for February.

The Institute for Supply Management released a report on Monday showing a slight slowdown in the pace of growth in U.S. manufacturing activity in the month of February. The ISM said its manufacturing PMI edged down to 52.4 in February after surging to 52.6 in January, but a reading above 50 still indicates growth. Economists had expected the index to dip to 51.8.

The U.S. dollar dropped against major currencies during the week ended February 27 in the aftermath of the tariff turmoil following the U.S. Supreme court's verdict. The week was also marked by lingering U.S.-Iran tensions as well as an uptick in producer price inflation and private hiring that triggered hawkish expectations from the Federal Reserve, limiting the Dollar's slide.

The euro area manufacturing activity registered its strongest growth in almost four years in February, underpinned by renewed increase in new orders and production, final data from S&P Global showed Monday. The HCOB final manufacturing Purchasing Managers' Index rose to 50.8 in February from 49.5 in the previous month. The reading matched the flash estimate.

UK mortgage approvals declined to a two-year low in January, while consumer credit logged a faster increase, data from the Bank of England showed Monday. Net mortgage approvals for house purchases decreased unexpectedly to 59,999 in January from 61,007 in December. The number was forecast to rise to 62,000.

UK house prices grew at a steady pace in February, reflecting a moderate recovery from a fall at the end of the last year, mortgage lender Nationwide Building Society said Monday. House prices posted an annual increase of 1.0 percent, the same rate of growth as seen in January. The rate was faster than the expected growth of 0.7 percent.

Final purchasing managers' survey results from the euro area and the UK are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to publish Germany's retail sales data for January. Economists forecast retail sales to remain flat on a monthly basis, following a 0.1 percent rise in December.

Long-delayed data released by the Commerce Department on Friday showed construction spending the U.S. saw a modest increase in December after dipping in November. The Commerce Department said construction spending rose by 0.3 percent to an annual rate of $2.169 trillion in December after slipping by 0.2 percent to an annual rate of $2.163 trillion in November.

A month after reporting the first increase in Chicago-area business activity in over two years, MNI Indicators released a report on Friday showing its reading on business activity unexpectedly saw further upside in the month of February. MNI Indicators said its Chicago business barometer climbed to 57.7 in February after surging to 54.0 in January.

The Labor Department released a report on Friday showing producer prices in the U.S. increased by more than expected in the month of January. The report said the Labor Department's producer price index for final demand climbed by 0.5 percent in January after rising by a downwardly revised 0.4 percent in December.

Consumer confidence in the United Kingdom dropped to a three-month low in February, defying expectations for a modest improvement, amid a deterioration in households' assessment of their personal financial situation, results of a survey showed on Friday. The U.K. consumer confidence index fell to -19 from -16 in January, the Consumer Confidence Barometer survey by the GfK revealed.

A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended February 21st. The Labor Department said initial jobless claims rose to 212,000, an increase of 4,000 from the previous week's revised level of 208,000. Economists had expected jobless claims to climb to 215,000.

Eurozone economic confidence weakened in February largely due to the significant drop in sentiment among services providers, survey data from the European Commission showed Thursday. The economic sentiment index fell unexpectedly to 98.3 in February from 99.3 in the prior month. The score was forecast to rise to 99.8.

The Bank of Korea maintained its key interest rate and signaled a neutral policy stance in its new six-month dot plot framework. The Monetary Policy Board unanimously decided to leave the Base Rate unchanged at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February 2025.

Economic confidence and monetary aggregates from the euro area are due on Thursday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank publishes euro area money supply and private sector credit data. M3 money supply is forecast to rise 2.9 percent on a yearly basis in January after climbing 2.8 percent in December.

Consumer confidence in Germany is set to fall in March as rising prices and economic and political uncertainty pushed up households' willingness to save, while their economic expectations turned pessimistic, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday. The forward-looking consumer sentiment index dropped to -24.7 from -24.2.

The German economy expanded in the fourth quarter, as initially estimated, as robust domestic demand helped to weather weaker exports amid global trade uncertainty. Gross domestic product rose 0.3 percent after stagnating in the third quarter, final data from the Federal Statistical Office showed Wednesday. The rate aligned with the preliminary estimate published on January 30.