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.

A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended February 21st. The Labor Department said initial jobless claims rose to 212,000, an increase of 4,000 from the previous week's revised level of 208,000. Economists had expected jobless claims to climb to 215,000.

Eurozone economic confidence weakened in February largely due to the significant drop in sentiment among services providers, survey data from the European Commission showed Thursday. The economic sentiment index fell unexpectedly to 98.3 in February from 99.3 in the prior month. The score was forecast to rise to 99.8.

The Bank of Korea maintained its key interest rate and signaled a neutral policy stance in its new six-month dot plot framework. The Monetary Policy Board unanimously decided to leave the Base Rate unchanged at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February 2025.

Economic confidence and monetary aggregates from the euro area are due on Thursday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank publishes euro area money supply and private sector credit data. M3 money supply is forecast to rise 2.9 percent on a yearly basis in January after climbing 2.8 percent in December.

Consumer confidence in Germany is set to fall in March as rising prices and economic and political uncertainty pushed up households' willingness to save, while their economic expectations turned pessimistic, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday. The forward-looking consumer sentiment index dropped to -24.7 from -24.2.

The German economy expanded in the fourth quarter, as initially estimated, as robust domestic demand helped to weather weaker exports amid global trade uncertainty. Gross domestic product rose 0.3 percent after stagnating in the third quarter, final data from the Federal Statistical Office showed Wednesday. The rate aligned with the preliminary estimate published on January 30.

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday amid increased risk-on sentiment by the investors, boosted by strong gains in technology stocks which mirrored their peer on the tech-heavy Nasdaq amid easing concerns over potential artificial intelligence disruptions. Traders also remain concerned about the lingering uncertainty about U.S. President Donald Trump's tariff policies.

Final quarterly national accounts and consumer sentiment survey results from Germany are due on Wednesday. At 2.00 am ET, Germany's statistical office Destatis is slated to release revised GDP data for the fourth quarter. The initial estimate showed that the largest euro area economy expanded 0.3 percent in the fourth quarter after remaining flat in the prior quarter.

A report released by the Conference Board on Tuesday showed an improvement in U.S. consumer confidence in the month of February. The Conference Board said its consumer confidence index rose to 91.2 in February from an upwardly revised 89.0 in January. Economists had expected the index to jump to 88.0 from the 84.5 originally reported for the previous month.

French manufacturing sentiment weakened to a three-month low in February on falling production outlook and orders, survey results from the statistical office INSEE showed Tuesday. The manufacturing confidence index dropped more-than-expected to 102 from 105 in the previous month. The score was forecast to drop marginally to 104.

The Japanese yen weakened against other major currencies in the Asian session on Tuesday, investors are nonetheless concerned about Japan's fiscal health, despite hopes that Japanese Prime Minister Sanae Takaichi will propose additional stimulus to help the economy.

Europe's new car registrations declined for the first time in seven months in January, reflecting a challenging start to the year, the European Automobile Manufacturers' Association said Tuesday. New car sales posted an annual fall of 3.9 percent in January, reversing December's 5.8 percent increase. Sales decreased for the first time since June.

Business sentiment survey from France is the main economic release due on Tuesday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes business sentiment survey data. The manufacturing confidence index is forecast to fall to 104 in February from 105 in January.

New orders for U.S. manufactured goods pulled back in line with expectations in the month of December, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders slid by 0.7 percent in December after surging by 2.7 percent in November. The decrease matched economist estimates.

German business confidence strengthened to a six-month high in February on improving assessment about current situation and upbeat outlook, survey data from the Munich-based ifo Institute showed Monday. The business climate index rose more-than-expected to 88.6 in February from 87.6 in the previous month.