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.
This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa 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.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only
