Week Ahead starting 27/02/23: Global economic sentiment; ABF, Bayer, Ocado earnings
Economic sentiment indicators from the eurozone and China could provide trading opportunities. Plus, look out for earnings from ABF (ABF), Bayer (BAYGn) and Ocado (OCDO).
Economic Calendar
We've got economic sentiment numbers from the euro zone, the United States, durable goods orders and pending home sales as well. Of course, all this is interesting after the Fed minutes showed inflation is still on the radar of Fed officials. And that, in turn, might mean that rates or less aggressive interest rates might not come soon as equity markets had hoped.
Japan & France
Turning to Japan, we've got retail sales numbers and industrial production. From France, look out for their consumer price index. Inflation is looking like it's sort of coming off its peak there, but it is still really sticky, still really red hot.
North America
We're watching out for the country's Q4 GDP growth rate. In the US, wholesale inventories, the S&P Case-Shiller Home data and API crude oil inventories.
Australia & China
We're eyeing Australia's fourth-quarter GDP growth rate. From China, we get the Caixin Manufacturing Index. Germany releases retail sales numbers and its consumer price index. Across the Atlantic, manufacturing data and the EIA crude oil inventories are released on the 1st of March. Moving onto the latter half of the week, we have consumer confidence numbers from Japan and the consumer price figures from the euro zone and also the unemployment rate there. This is followed very closely by initial jobless claims data from the United States, which comes on Thursday. And then on Friday, we have details from China again, in the form of its services PMI after those manufacturing numbers earlier on the week.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
