Economic calendar: ADP data in the spotlight

European markets seen opening slightly lower
Second day of Powell hearings in Congress
ADP employment report for November

Futures markets point to a slightly lower opening of today's European session. Economic calendar looks light today but there are some events scheduled that will draw attention. Jerome Powell will head for the second day of congressional hearings. Text of the speech will be the same as yesterday but the Fed Chair may be asked different questions by lawmakers. However, the more important event will be the release of the ADP employment report that will serve as a final hint ahead of the NFP report release on Friday, 1:30 pm GMT).

10:00 am GMT - Euro area, PPI inflation for October. Expected: -2.4% YoY. Previous: -2.4% YoY

1:15 pm GMT - US, ADP employment report for November. Expected: 410k. Previous: 365k

3:00 pm GMT - Fed Chair Powell testifies in Congress

3:30 pm GMT - DOE report on oil inventories

Oil inventories. Expected: -2.2 mb
Distillate inventories. Expected: +0.3 mb
Gasoline inventories. Expected: +2.6 mb

Central bankers' speeches

2:00 pm GMT - Fed Quarles
2:00 pm GMT - ECB Chief Economist Lane
2:00 pm GMT - Fed Williams
3:00 pm GMT - Fed Harker
6:00 pm GMT - Fed Williams

5 March 2026, 7:44 AM

Economic calendar: Central banks vs global risks to inflation (05.03.2026)

4 March 2026, 3:20 PM

Strong Service ISM Reading as activity expanded most since 2022

4 March 2026, 1:18 PM

BREAKING: Stronger than expected ADP fails to support the dollar 🇺🇸

4 March 2026, 6:58 AM

Economic calendar: ADP Labor market report and ISM services 🔎

Economic reports

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