Global View Blog

Newsquawk Week Ahead: Highlights 2nd-6th March 2026

The OPEC+ meeting on March 1 is expected to unwind 137,000 barrels per day of voluntary cuts, signaling a tentative supply increase as Brent hovers near $71. US economic data show a slowdown in manufacturing, with the ISM PMI dropping to a seven‑month low of 51.2, while services remain in expansion. European inflation metrics hint at modest price pressures, with the euro‑zone HICP projected at 1.8% year‑over‑year, keeping the ECB on hold. Meanwhile, the UK Spring Statement foresees fiscal headroom around £22 billion and Australian Q4 GDP is forecast to rebound 0.9% quarter‑on‑quarter, underscoring divergent regional growth trajectories.