China’s Evergrande remains a threat to global markets. Analysts warn of market weakness ahead of the historically most volatile month of the year
Here’s what you need to know this week:
7:45: Eurozone – ECB President Lagarde Speaks
8:30: US – Core Durable Goods Orders: expected to decline to 0.5% from 0.8%.
14:00: UK – BoE Gov Bailey Speaks
21:30: Australia – Retail Sales: seen to come in a bit higher, at -2.4%, from -3.1% previously.
2:00: Germany – GFK Consumer Climate: anticipated to have slumped to -1.8 from -1.2.
10:00: US – CB Consumer Confidence: to rise to 114.5 from 113.8.
10:00: US – Pending Home Sales: likely jumped to 1.3% from -1.8%.
10:30: US – Crude Oil Inventories: previous print came in at -3.481M bbl.
11:45: US – Fed Chair Powell Speaks
11:45: Japan – BoJ Governor Kuroda Speaks
21:00: China – Caixin Manufacturing PMI: forecast to edge up to 49.6 from 49.2.
2:00: UK – GDP: expected to remain flat at 4.8% MoM, 22.2% YoY.
3:55: Germany – Unemployment Change: predicted to rise to -35K from -53K.
8:30: US – GDP: seen to stay at 6.6% QoQ.
8:30: US – Initial Jobless Claims: forecast to fall to 328K from 351K.
19:50: Japan – Tankan Large Non-Manufacturers Index: predicted to jump to 3 from 1.
Markets in Hong Kong, China closed for holidays
3:55: Germany – Manufacturing PMI: predicted to remain flat at 58.5.
4:30: UK – Manufacturing PMI: expected to remain unchanged at 56.3.
5:00: Eurozone – CPI: seen to have moved higher, to 3.3% from 3.0% YoY.
8:30: Canada – GDP: forecast to drop to -0.2% from 0.7% MoM.
10:00: US – ISM Manufacturing PMI: to edge down to 59.5 from 59.9.
- Markets to Watch This Week: Nasdaq 100, US Dollar,BoJ and moreThere continued to be hesitancy in global market sentiment. Wall Street started off 2022 on a sour note, though the second week was less painful. Nasdaq 100 futures were little changed. This is as Dow Jones and S&P 500 futures declined about 0.8% and 0.3% respectively. European and Asia-Pacific benchmark stock indices did not fare any better. Global monetary policy tightening […]
- Market Week Ahead: Inflation Data, Bitcoin, Powell Testimony, and moreEven though market sentiment started off 2022 on a sour note, there were clear winners and losers on Wall Street. Dow Jones futures declined about 0.1% this past week, while the tech-heavy Nasdaq 100 sank about 4.35% in the worst performance since February. The coming week will bring closely followed inflation figures, while Federal Reserve Chair Jerome Powell […]
- Market Week Ahead: Monetary Policy Meeting, Retail Sales, etc.The broad US dollar remained under pressure on Friday and will end this week on a bearish note as investors digest the Bank of England’s (BOE) unexpected interest rate hike and the European Central Bank’s (ECB) shift to a more hawkish attitude. Looking ahead to the coming week, the series of retail sales, the minutes of the […]