- European futures indicate a higher opening for the stock market session on the Old Continent.
- The Nikkei 225 has reached new ATH
- PMI data and ECB Minutes are in focus
Market sentiments in Asia-Pacific were characterized by bullish enthusiasm, especially in Japan, where the Nikkei 225 reached new historical highs. The Chinese Hang Seng gained 0.61%, and the China A50 added 0.24%. Only Indian indices faced downward pressure. European futures point to a higher opening for the stock market session on the Old Continent.
Key events of the day include: PMI data for February, the HICP inflation report in the Eurozone, CBRT's decision on interest rates, ECB Minutes, U.S. unemployment benefit data, U.S. oil and gas inventory changes, and numerous speeches by Fed bankers.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appMacro Calendar:
- 08:15 am GMT - France, PMI index for manufacturing (for February): Forecast: 43.5. Previous: 43.1.
- 08:15 am GMT - France, PMI index for services (for February): Forecast: 45.6. Previous: 45.4.
- 08:30 am GMT - Germany, PMI index for manufacturing (February): Forecast: 46.1. Previous: 45.5.
- 08:30 am GMT - Germany, PMI index for services (February): Forecast: 48.0. Previous: 47.7.
- 09:00 am GMT - Poland, retail sales (for January; YoY): Forecast: 3.5% YoY. Previous: 0.5% YoY.
- 09:00 am GMT - Eurozone, PMI index for manufacturing (for February): Forecast: 47.0. Previous: 46.6.
- 09:00 am GMT - Eurozone, PMI index for services (for February): Forecast: 48.8. Previous: 48.4.
- 09:30 am GMT - UK, PMI index for manufacturing (for February): Forecast: 47.5. Previous: 47.0.
- 09:30 am GMT - UK, PMI index for services (for February): Forecast: 54.1. Previous: 54.3.
- 10:00 am GMT - Eurozone, HICP core inflation (for January; YoY): Forecast: 3.3% YoY. Previous: 3.4% YoY.
- 11:00 am GMT - Turkey, CBRT decision on interest rates. Forecast: 45.0%. Previous: 45.0%.
- 12:30 pm GMT - Eurozone, ECB Minutes.
- 13:30 pm GMT - U.S., unemployment benefit data. Forecast: 216 thousand. Previous: 212 thousand.
- 13:30 pm GMT - Canada, retail sales for December. Forecast: 0.8% MoM. Previous: -0.2% MoM.
- 14:45 pm GMT - U.S., PMI index for manufacturing (for February). Forecast: 50.5. Previous: 50.7.
- 14:45 pm GMT - U.S., PMI index for services (for February). Forecast: 52.0. Previous: 52.5.
- 15:00 pm GMT - U.S., existing home sales (for January). Forecast: 3.96 million. Previous: 3.78 million.
- 15:30 pm GMT - U.S., natural gas inventory changes. Forecast: -59 Bcf. Previous: -49 Bcf.
- 16:00 pm GMT - U.S., crude oil inventory changes. Forecast: 4.03 million barrels. Previous: 12.02 million barrels.
Key Earnings on Wall Street:
Booking Holdings (BKNG.US) - after the market close.
Keurig Dr Pepper (KDP.US) - before the market open.
Moderna (MRNA.US) - before the market open.
Nikola Corporation (NKLA.US) - before the market open.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
