Volatility in APAC markets today was limited due to the upcoming Lunar New Year celebrations. Trading in mainland China was halted today, while indices in Australia and Japan traded marginally higher. European futures point to a flat opening of the trading session on the Old Continent.
In Europe, Hermes, among others, has already presented its quarterly results
Hermes 4Q23 results:
- Revenues €3.36 billion (expected €3.29 billion)
- Sales at constant exchange rates +17.5% (estimate +13.7%)
Highlights of the day include: Canadian labour market data, ECB Nagel speech and FED Logan speech. The calendar will conclude with quarterly reports from PepsiCo, among others.
Calendar highlights:
10:30 am GMT - ECB Nagel speech
01:30 pm GMT - Canada labour market data.
- Unemployment rate: Forecast: 5.9%. Previously: 5.8%.
- Change in employment: Forecast: 15k. Previously: 0.1k
06:30 pm GMT - FED Logan speech
Wall Street company results:
PepsiCo (PEP.US) -before the US market open
Daily summary: A week closed with declines – is the market starting to fear inflation?
Economic Calendar: Global Data Focus Shifts to US and Canada,
Market Wrap: What does Trump's Beijing visit mean for the markets?
Economic Calendar: All eyes on US consumer 🇺🇸 (14.05.2026)