• The U.S. payroll number due out this morning is estimated to be 210,000. With the Greek debt swap deadline behind us, this morning’s data needs to be well above estimates to keep the risk trade going. From Bloomberg News.
• Economic data out of China continues to show slowing. Industrial production growth came in at 2009 levels, inflation was lower than expected, and lending weakened. CPI was up 3.2% in February, versus 4.5% in January. Industrial output for the first two months of the year was up 11.4% from 12.8%. 12.4% growth was expected. From the Wall Street Journal.
• Stock funds had outflows of $2.84B in the week ended February 29th, according to data from ICI. Despite positive returns in equities so far in 2012 investors have been reluctant to jump on board, which is reflected in flow figures and market volumes. From The Wall Street Journal.