Showing posts with the label This Week Ahead

This week Ahead Commencing Monday 11, 2019

Source: IG

The Week Ahead

Nyandabeh Ella Vincent 2-3 minutes Monday UK – late May bank holiday US – Memorial Day holiday Tuesday 7am – German GfK consumer confidence (June) : forecast to fall to 10.3 from 10.4. Markets to watch: EUR crosses 10am – eurozone business confidence (May) : expected to rise to 0.49 from 0.42. Markets to watch: EUR crosses Wednesday 7.45am – French GDP (Q1, final) : growth forecast to be 0.3% QoQ. Markets to watch: EUR crosses 8.55am – German unemployment (May) : rate to hold at 4.9%, while the number of unemployed falls by 5000. Markets to watch: EUR crosses 3pm – Bank of Canada rate decision : no change in rates expected from current 1.75%. Markets to watch: CAD crosses Thursday 1.30pm – US GDP growth (Q1, 2nd estimate), initial jobless claims (w/e 25 May) : QoQ growth expected to be 3.2% from 2.2%. Markets to watch: US indices, USD crosses 3pm – US pending home sales (April) : sales to rise 1.1% MoM. Markets to watc

This Week Ahead

By Peter King Special to Newsday Updated January 13, 2019 6:00 AM KEY EVENT : The national jobs report released earlier this month showed far better-than-expected hiring in December. Did Long Island employers also join in on the end-of-year hiring surge ? The answer comes Thursday when the state Labor Department releases jobs added on Long Island in December. MONDAY : Earnings from Citigroup. TUESDAY : The Federal Reserve Bank of New York releases the January Empire State index , an update on state manufacturing. In the previous report, for December, the index posted its weakest reading in 19 months. Also, a look at inflationary pressures at the wholesalers’ level: producer prices in December from the U.S. Labor Department . Earnings : JPMorgan Chase, UnitedHealth Group, Wells Fargo. WEDNESDAY : The January beige book from the Federal Reserve , a first look at some early and still unofficial economic data. Also, the N ational Association of Home Builder