During last week major commodities prices made a comeback and sharply rose
during most of the week including gold, silver and crude oil prices. The
conclusion (for the time being) of EU-Greece standoff which resulted in EU
leaders approving the next bailout package for Greece brought some stability to
the markets and may have helped rally the Euro along with major commodities. In
the upcoming week there are many news items and publications that might
influence traders including: U.S. pending home sales report, Bernankes
testimony, a G20 summit, Chinas manufacturing PMI, U.S Consumer confidence
report, U.S.s manufacturing PMI and U.S. unemployment claims. Here is an
economic news calendar outlook for the week of February 27th to March 2nd that
highlights the main news items related to the U.S., Canada, EU, Australia, China
and Switzerland.
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