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Semi-important data from Europe and Canada
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3 Fed speakers on the agenda
Markets launched a new week in mixed moods. Situation on the Asian stock exchanges hints at caution but moves on the FX market point to risk-on attitude. There is little on the calendar today therefore investors may expect trading to be focused on coronavirus news. Semi-important readings scheduled for today:
7:30 am GMT - Switzerland, CPI inflation for January. Expected: 0.1% YoY. Previous: 0.2% YoY
9:00 am GMT - Italy, industrial production for December. Expected: -0.5% MoM. Previous: 0.1% MoM
1:15 pm GMT - Canada, housing starts for January. Expected: 202.5k. Previous: 197.3k
1:30 pm GMT - Canada, building permits for December. Expected: 3.5% MoM. Previous: -2.4% MoM
Central bankers’ speeches
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1:15 pm GMT - Fed’s Bowman
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6:45 pm GMT - Fed’s Daly
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8:15 pm GMT - Fed’s Harket
Major US earnings releases scheduled for today
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Allergan (AGN.US)
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Loews Corp (L.US)
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Molina Healthcare (MOH.US)
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Everest Re (RE.US)
US OPEN: Wall Street declines deepens
The Michigan Sentiment Index highlights concerns about a short-term spike in U.S. inflation💡
Economic Calendar: A Calm End to the Week for Markets
Consumer sentiments fall in Germany and France amid rising energy prices
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