The research team at Deutsche Bank lists down the key economic events and macro releases for markets that will gauge the maximum investors interest for the week ahead.
“Monday: The data highlight in Europe comes in the UK with the preliminary Q4 and December GDP prints. We’ll also get the Bank of France industry sentiment reading for January along with the UK’s December trade balance and December industrial production report. There is no data due in the US however we will get revisions to the CPI index. We’re also due to get China’s January foreign reserves data at some stage. Away from that, the ECB’s Guindos is due to speak while UK Brexit Secretary Barclay is expected to meet with EU Chief Brexit negotiator Barnier for talks on negotiating a new Irish backstop. Earnings highlights include Chegg, NorthWestern Corp and Michelin.”
“Tuesday: A quiet session for data. We’ll get Japan’s preliminary January machine tool orders overnight, however there’s then no data of significance due in Europe. In the US we’ll get revisions to the PPI index, December JOLTS job openings and the January NFIB small business optimism reading. The Fedspeak includes Mester and Powell, while Euro Area finance ministers are due to meet. OPEC will also publish its monthly oil market report. Earnings highlights include Sabre, Thyssenkrupp and Metro.”
“Wednesday: The main data release is likely to be the January CPI report in the US. Prior to that we’ll get the UK’s January inflation data docket along with the Euro Area’s December industrial production report. Also due in the US is the December monthly budget statement while late evening we’ll get Japan’s preliminary Q4 GDP print. As for central bank speak, early in the morning we’re due to hear from the Fed’s George before Mester and Bostic follow later in the day. The ECB’s Lane and Lautenschlaeger are also due to speak. Earnings highlights include Cisco, Paramount, Akzo Nobel and Heineken.”
“Thursday: The UK Parliament is due to meet again to vote on alternatives to PM May’s defeated Brexit legislation. Data-wise, preliminary Q4 GDP prints for the Euro Area and Germany are the morning highlights while in the afternoon we’ll get the January PPI report and December retail sales report in the US. The latest weekly initial jobless claims print and November business inventories are also due. China’s January trade data is also expected at some stage. Earnings highlights include Coca-Cola, Nvidia, Nestle, Airbus, Renault and Credit Suisse.”
“Friday: The focus overnight should be on China with the January CPI and PPI prints, while Japan’s December industrial production report is also due. In Europe we’ll get January retail sales in the UK and the December trade balance for the Euro Area. In the afternoon in the US the January industrial production print is due, along with the February empire manufacturing print, January import price index and preliminary February University of Michigan consumer sentiment survey. Away from that the ECB’s Coeure and Fed’s Bostic are due to speak. Earnings highlights include Pepsi, Deere & Co, EDF and RBS.”