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February 26, 2026
Preview: Due March 4 - U.S. February ADP Employment - To pick up after underperforming payrolls in January
February 26, 2026 4:32 PM UTC
We expect a 60k increase in February’s ADP estimate for private sector employment, which would be a significant pick up from January’s 22k, which dramatically underperformed a 172k increase in January’s private sector non-farm payroll.
Preview: Due March 6 - U.S. February Employment (Non-Farm Payrolls) - Not as strong as January, but still marginally positive
February 26, 2026 3:22 PM UTC
We expect February’s non-farm payroll to rise by 35k overall and by 50k in the private sector, both four month lows and significantly slower than January’s above trend respective gains of 130k and 172k. We expect unemployment to edge up to 4.4% from 4.3%, reversing a January dip, and average hou
Low Inflation and No Loadshedding Continue to Support South African GDP Growth
February 26, 2026 3:19 PM UTC
Bottom Line: Department of Statistics of South Africa (Stats SA) will announce Q4 2025 GDP growth figures on March 3. Following a 0.5% q/q expansion in Q3 2025, we expect growth momentum to be sustained in Q4. This trajectory is supported by low inflation, improved consumer sentiment, a power cuts (
Preview: Due February 27 - Canada Q4/December GDP - A modest correction from a surprisingly strong Q3
February 26, 2026 2:29 PM UTC
We expect Q4 Canadian GDP to decline by 0.3% annualized, marginally softer than an unchanged estimate made by the Bank of Canada with January’s Monetary Policy report. This would be consistent with December GDP rising by 0.1% as projected with November’s data.
U.S. Initial Claims at a low level between two bouts of bad weather
February 26, 2026 1:45 PM UTC
Initial claims at 212k are up from 208k in the preceding week (the latter revised up from 206k) but remain low and below the preceding two weeks that were probably lifted by bad weather. Bad weather may lift next week’s data, but the underlying picture looks quite healthy.
India GDP preview: India’s Economic Momentum to Ease in Q3 FY26
February 26, 2026 1:07 PM UTC
India’s Q3 FY26 GDP growth is expected to moderate to around 7%, down from over 8% in the previous quarter, reflecting base effects and softer services momentum. The bigger story may lie in the new GDP series revisions, which could reshape the recent growth narrative more than the headline quarter
Preview: Due February 27 - U.S. January PPI - Slower than a strong December, but trend still quite firm
February 26, 2026 12:52 PM UTC
We expect PPI to rise by a slower 0.2% in January both overall and ex food and energy, after strong respective gains of 0.5% and 0.7% in December. The slowing will be largely in trade, though ex food, energy and trade we expect a rise of 0.3%, slightly slower than December’s 0.4%.