German industrial production in January is expected to rebound 0.6 percent on the month after falling a much deeper-than-expected 1.6 percent in December, which was the sixth decline of the last seven reports and the third straight below estimates. The year-over-year comparison is seen decreasing 4.9 percent following 3.1 percent contraction in December.

Producer prices in Germany are forecast to rise 0.3 percent on the month in January after falling a sharper-than-expected 1.2 percent in December. From a year earlier, the PPI is expected to fall 6.6 percent versus 8.6 percent contraction in December.

In the Eurozone, no revisions are expected to the fourth quarter GDP, leaving zero quarterly growth and an annual rise of just 0.1 percent.

The US jobs data is expected to show a 190,000 rise in nonfarm payrolls in February, slowing from a 353,000 rise in January, which was far above expectations and included a sharp upward revision to December of 333,000.

Average hourly earnings in February are expected to rise 0.3 percent on the month for a year-over-year rate of 4.3 percent; these would compare with January's higher-than-expected rates of 0.6 percent on the month and 4.5 percent on the year.

February's unemployment rate is expected to hold unchanged at January's 3.7 percent, which was lower than expected.

In Canada, employment in February is expected to rise 20,000 versus January's 37,300 climb that was well above Econoday's 14,500 consensus. February's unemployment rate is expected to edge higher to 5.8 percent to match December's rate after falling slightly to 5.7 percent in January that was 2 tenths tighter than the consensus.

New York Federal Reserve Bank President John Williams will participate in a moderated discussion before the hybrid event"Connecting Academics to Policy: A Conversation with New York Fed President John C. Williams" organized by the London School of Economics at 7 a.m. EST (1200 GMT).

In China, consumer prices are expected to post a slight 0.3 percent rise on the year in February after falling 0.8 percent in January, which was a fourth straight decline. China's CPI last peaked in January 2023 at 2.1 percent.

Producer prices are expected to remain depressed, down 2.6 percent on year in February, little changed from a 2.5 percent decline in January.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.