Economic Calendar – Top 5 Weekly Events by Investing.com



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Β© Reuters.

Investing.com – Political rhetoric is likely to hang over the market next week as investors wait for President Donald Trump's annual speech in front of Congress on the state of the Union on Tuesday.

The speech comes at the beginning of Trump's speech. the last two years of his first term facing major challenges, including a lengthy inquiry into whether his 2016 presidential campaign was a collusion with Russia, as well as his Democrats' inquiries into his presidency in the House

This week is also With some appearances by Federal Reserve officials, the most important will be that of President Jerome Powell on Wednesday as investors seek more clues about monetary policy outlooks in the coming months.

The Fed last week reported that its efforts to tighten monetary policy over the past three years were coming to an end because of

As far as data is concerned, market investors will closely follow the research of the Institute of Supply Management (ISM) on the activities of the service sector to badess the strength of the economy

Meanwhile, in the financial reports, about 90 companies are expected to present their results this week during of which will be one of the last big waves of the fourth quarter earnings season.

At the same time, the Bank of England will hold a policy meeting, but nothing will change. it was to be expected in a climate of increasing uncertainty as to the prospect of the exit of the European Union from Great Britain on March 29, without agreement in force.

Investors will also be alert to any major developments in the US-China trade front, with both parties rushing to reach an agreement before the March 2 deadline.

Prior to next week, Investing.com was compiling a list of the top five events in the economic calendar most likely to affect the markets.

President Donald Trump will deliver his annual State of the Union address to Congress at 9 pm local time (Tuesday at 11 am).

Trump announced Friday that the speech would include lengthy commentary on his clash with Democrats on building a wall along the US-Mexico border, a subject of intense partisan battle that has led the partial closure of the government that ended ten years ago.

Beyond the wall, a senior White House official said Trump would expose what he saw as an area in which Republicans and Democrats can reach agreement. This includes a plan to fund infrastructure improvements across the country, reduce the cost of prescription drugs, and address longstanding differences in the health sector.

An excerpt from the White House speech delivered Friday. "Together, we can break decades of political stalemate, overcome old divisions, heal old wounds, build new coalitions, forge new solutions and unleash the extraordinary promise of democracy."

It is unclear whether the two sides are willing to work together significantly, the tensions being still strong during the fight during the block and another approaching March 15th. February.

Some speeches by Fed members will attract market attention this week as investors seek new guidance.

At the top of the agenda are statements from the speaker, who will speak Wednesday at a meeting of City Hall for Teachers, in Washington DC at 9:00 pm

– The Fed Chairman, the Cleveland Fed President, the St. Louis Fed President and the Governor will also be the focus of concern.

Last week, the central bank left interest rates unchanged at the end of its at Wednesday's policy meeting and vowed to be patient with further increases in interest rates . The Fed also said that it could change the pace of its downsizing "in the light of economic and financial developments".

The announcement of the Fed left the market expectations for a year – on – year rate hike on the other, and Investing.com increased the chances of a reduction in 2020.

An ISM survey on the activity of the services sector in January, scheduled for Tuesday at 13:00, should show

In addition to the ISM data, this week's very clear economic calendar also presents data on industry orders, trade figures and weekly claims for unemployment insurance.

Data released on Friday – showed that job creation accelerated in January as employers hired the largest number of workers in 11 months. While Commerce's key data, including the fourth quarter gross domestic product report, is still lagging behind the government's closure, the employment report is the clearest proof that the economy is maintaining a solid foundation.

About 90 constituent companies announced earnings this week on Wall Street as the earnings season continues.

Nearly half of the S & P 500 companies reported their fourth quarter results on Friday morning with 71 (NASDAQ :), Clorox (NYSE :), Sysco (NYSE :), Gilead Sciences (NASDAQ πŸ™‚ and Seagate Technology (NASDAQ :)). (NYSE :), Snap (NYSE :), Viacom (NASDAQ :), Electronic Arts (NASDAQ :), BP (NYSE :)). , Archer-Daniels-Midland (NYSE :), Ralph Lauren, NYSE: NYSE: NYSE NYSE: NYSE :), Boston Scientific (NYSE :), Cummins (NYSE :), Chipotle Mexican Grill (NYSE :), Take-Two Interactive (NASDAQ :), Regeneron (NASDAQ πŸ™‚ , FireEye (NASDAQ πŸ™‚ and Sonos (NASDAQ πŸ™‚ will release results on NASDAQ :), GoPro (NASDAQ :), iRobot (NASDAQ :), Match Group

Thursday will have Twitter (NYSE :), Grubhub (NYSE: ), Expedia (NASDAQ :), Yum! Trademarks (NYSE :), Dunkin Trademarks (NASDAQ :), Philip Morris (NYSE :), News Corp. (NASDAQ :), Kellogg (NYSE :), Mattel (Nasdaq :), Skechers (NYSE :), Tyson Foods (NYSE :), Tapestry (NYSE πŸ™‚ and World Wrestling Entertainment (NYSE πŸ™‚ announcing their winnings.

Finally, Arconic (NYSE :), Cleveland-Phillips 66 (NYSE πŸ™‚ and Hasbro (NASDAQ πŸ™‚ are among the few reports released Friday.

Governor Mark Carney and his colleagues, who determine interest rates, are expected to keep borrowing costs down when the Bank of England

Economists' expect the MPC to score 9 to 0 in favor of rate stability.

The BoE's new inflation forecast will be respected. as a sign that the bank believes that investors are very relaxed and are banking on an increase in rates by the end of 2019.

currency rates have reduced the likelihood of a December rate increase BoE at around 55%, up from 62% a week ago.

Beyond the BoE, political headlines will also be at the center of investors' concerns. around ongoing negotiations on Brexit.

About 50 days after leaving Britain, the government has not yet found a divorce solution with Brussels, as the conservative party of Prime Minister Theresa. May remain divided on the distance that should separate the country from the block.

– Reuters contributed to this report

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