In the week ahead we will be building up to Friday’s US February employment report, which will be a key input into decisions made at this month’s FOMC meeting. If we see another positive reading here, there is a good chance that the term “patient” will be removed from the FOMC meeting on the 18/03/15 opening the door for a rate hike. In addition, we have a busy calendar from Europe and the UK with key reading from the manufacturing and service sectors. On Thursday, both the ECB and BoE release their interest rate decision. The focus will be on the ECB press conference after the central bank announced it QE plan last month.