It's an eventful week in U.S. politics with 'Super Tuesday' on March 5 and the President's State of the Union address on March 7.

Fed Chairman Jerome Powell gives testimony to Congress on Wednesday and Thursday.

And February U.S. jobs data is out on Friday.

Investors will be watching.

The National People's Congress begins its annual session on Tuesday with a lot at stake, including reviving a crumbling property sector.

Chinese stocks have recovered from five-year lows hit in early February, driven by state-led stock buying and tighter regulations on short selling.

Hopes are high for fresh stimulus.

The ECB meets on Thursday and the focus is on whether policymakers will continue pushing back on rate cut talk.

Wage pressures, after all, remain high even if they are easing.

British Finance Minister Jeremy Hunt must find a way to cut taxes in Wednesday's budget to help Prime Minister Rishi Sunak's bleak election prospects without causing another upset in the bond markets.

Media speculation has focused on possible income tax cuts or another reduction in social security rates...

and investors expect Hunt to use most if not all of the fiscal "headroom" he has.