Labor productivity in the U.S. surged by much more than expected in the fourth quarter of 2025, according to a report released by the Labor Department on Thursday. The Labor Department said labor productivity shot up by 2.8 percent in the fourth quarter after soaring by an upwardly revised 5.2 percent in the third quarter.

A report released by the Labor Department on Thursday showed import prices in the U.S. increased by slightly more than expected in the month of January. The Labor Department said import prices rose by 0.2 percent in January, matching an upwardly revised uptick in December. Economists had expected import prices to inch up by 0.1 percent.

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended February 28th. The Labor Department said initial jobless claims came in at 213,000, unchanged from the previous week's revised level.

Germany's construction activity registered back-to-back decreases in February following a moderate growth towards the end of 2025, monthly survey from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 43.7 in February from 44.7 in January. This was the lowest score since last October. Moreover, a score below 50.0 indicates contraction.

China has set its economic growth target for the current year at the lowest seen since 1991, allowing room for structural adjustments amid heightened global uncertainty and geopolitical risks. In the opening session of the National People's Congress on Thursday, Premier Li Qiang said the economy is expected to grow 4.5-5 percent in 2026.

The Indian rupee strengthened against the U.S. dollar in the European session on Thursday, as traders speculate the Reserve Bank of India (RBI) is likely to have intervened in the foreign exchange market.

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.