Today's macro calendar is quite light and lacks publications that could significantly impact volatility in global markets. However, despite this, larger movements are possible during the opening of the Wall Street session after the extended weekend.
Company reports could turn out to be quite interesting. Before the session, we will learn about the quarterly results of Walmart and Home Depot. Walmart, due to its scale, can be a good indicator of the condition of the consumer in the USA. This company operates in the retail sector, employing over 2.3 million people and achieving revenues of 630 billion USD.
Financial reports:
- Walmart (WMT.US) - before the session
- Home Depot (HD.US) - before the session
- Keysight Technologies (KEYS.US) - after the session
- Diamondback Energy (FANG.US) - after the session
Detailed schedule for the day:
10:15 AM GMT, United Kingdom - BoE Gov Bailey Speaks
10:15 AM GMT, United Kingdom - BoE MPC Member Broadbent Speaks
10:15 AM GMT, United Kingdom - BoE MPC Member Dhingra Speaks
12:45 PM GMT, Germany - German Buba Balz Speaks
01:30 PM GMT, Canada - Inflation Data for January:
- Core CPI: previous 2.6% YoY;
- Core CPI: previous -0.5% MoM;
- CPI: forecast 0.4% MoM; previous -0.3% MoM;
- CPI: forecast 3.3% YoY; previous 3.4% YoY;
03:00 PM GMT, United States - US Leading Index for January:
- forecast -0.3% MoM; previous -0.1% MoM;
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
NFP: A turning point for the dollar and the start of a stock market correction?
BREAKING: US Payrolls Skyrocket ๐ ๐บ๐ธ EURUSD Slumps 0.2% ๐
Economic Calendar: NFP Report from the US Labor Market Takes Center Stage