Week ahead: US Core PCE; German and US consumer data; US and UK GDP growth; Lloyds
With Wall Street crossing the 20-month anniversary of the bull market, many investors are asking if the rally is looking stretched. Next week, dollar traders are likely to get volatility with the release of the US core PCE print.
Look out for German and US consumer related data. UK and US GDP growth rate updates will also give us a sense of how the two economies are faring, and what that might mean for interest rates. Lloyds Banking Group delivers a strategy update. Nike posts Q4 earnings.
(AI Video Summary)
Upcoming important economic data
In this weekend's "Week ahead" segement on IGTV, Angeline Ong reviews economic indicators and corporate data affecting the financial markets including consumer confidence, housing data, GDP growth, and core PCE index figures from the US and Europe.
Interview with Tom Sosnoff
She then shifts to a live interview with Tom Sosnoff at Tastylive, discussing market volatility particularly concerning triple witching - a significant event where multiple derivatives expire, impacting market dynamics and investor positioning. Sosnoff touches on specific stock movements like NVIDIA and broader market trends, emphasising the unpredictability of market tops and ongoing bullish trends despite potential red flags.
Earnings reports
Ong also previews earnings updates from notable companies such as Carnival, FedEx, and General Mills.
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