Economic calendar: Oil data and Q&A with ECB President

US and European markets at 2-month highs
ECB President to hold online Q&A session in the morning
API report expected to show small build

US and European stock markets are trading at the highest levels since early-March. Investors continue to play down risk of China-US escalation and focus on reopening efforts. No major data releases are scheduled for today. However, ECB President Lagarde will hold an online Q&A session in the morning and it may have some impact on the euro.

There is also a chance that new actions when it comes to China-US will be taken. However, as Trump said he will unveil more details on sanctions by the end of the week, this risk has been put on the sidelines for a few days.

8:30 am BST - ECB President participates in an online Q&A session. Christine Lagarde will take part in #askECB webinar today. ECB President will be explaining how the ECB is responding to the coronavirus crisis. However, Lagarde has been very cautious during public appearances and, in turn, today's event may be overlooked by markets in case she sticks to her old playbook. Similar events are also being held by the Fed members during Covid-19 pandemic.

3:00 pm BST - Richmond Fed manufacturing index for May. Expected: -40 pts. Previous: -53 pts

9:40 pm BST - API report on oil inventories. Expected: +0.7 mb. Previous: -4.8 mb

Central bankers' speeches

9:30 am BST - ECB's de Guindos
12:00 pm BST - ECB's Enria
5:30 pm BST - Fed's Bullard

Noteworthy US earnings releases

Hewlett-Packard (HPQ.US) - after market close

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 🔎

4 March 2026, 6:50 AM

Morning wrap (04.03.2026)

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days