Look ahead: German industrial output; JD Wetherspoon; BMW; Munich Re; Airbnb
Germany industrial production data is released a day after industrial orders in Europe’s economic powerhouse fell in March by 0.4% on the previous month on a seasonally and calendar adjusted basis.
JD Wetherspoon releases a trading update. Plus, look out for earnings from BMW, AB InBev and Munich Re. The focus on Airbnb’s results will likely be on whether its new marketing strategy is starting to yield results.
(AI Video Summary)
German industrial production data
In today's "Look ahead" to Wednesday, 8 May, Angeline Ong previews key financial events and earnings with a focus on Germany's faltering industrial production with expectations at -1.1% month-on-month, potentially impacting the euro.
US EIA crude oil inventories and select earnings reports like JD Wetherspoon, facing post-pandemic recovery challenges, and Airbnb, attempting a new marketing strategy, are highlighted.
Earnings reports
Key stocks like JD Wetherspoon and Airbnb are analysed for their medium-term trends and resistance levels, respectively, offering insights into potential market movements. Additionally, earnings from BMW, AB InBev, and Munich Ray are noted, with special attention to Airbnb's efforts to attract customers through unique experiences.
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