Read the key events to monitor for the week which starts on February 15, 2021.
In the week ahead, interest rates could continue to rise and the inflation debate is likely to continue as investors watch for new developments on the $1.9 trillion fiscal stimulus package winding its way through Congress.
Several dozen firms are releasing earnings, including Walmart and Deere. Economic data releases include the producer price index, retail sales and a batch of housing statistics.
Presidents Day holiday – US Markets closed. Market Holiday in Mainland China for Spring Festival. Market Holiday in Hong Kong for New Year's Day. Market Holiday in Canada for Family Day. Market Holiday in Brazil for Carnival.
Japan: Industrial Production, Preliminary GDP Q4
Eurozone: Industrial Production, Eurozone Trade Balance
Markets Closed in China and Brazil for Spring Festival and Carnival, respectively.
Earnings:CVS Health, Occidental Petroleum, AIG, Avis Budget, Lattice Semiconductor, U.S. Foods, Advance Auto Parts, Vulcan Materials, Palantir, Agilent, La-Z-Boy
US: Empire manufacturing
EU: German ZEW Current Conditions and Economic Sentiment Index, Eurozone Preliminary GDP (Q4)
Japan: Trade Balance
Fed Governor Michelle Bowman, Kansas City Fed President Esther George, Dallas Fed President Robert Kaplan.
Markets Closed in China and Brazil for Spring Festival and Ash Wednesday respectively.
EarningsHilton Worldwide, Synopsys, Pioneer Natural Resources, Cheesecake Factory, Tanger Factory Outlets, Hyatt Hotels, Owens Corning, Baidu, CF Industries, Marathon Oil, Analog Devices
US: Mortgage applications, Retail sales, PPI, Industrial production, Business Inventories, NAHB survey
Boston Fed President Eric Rosengren, FOMC minutes, ECB Monetary Policy Statement.
EarningsWalmart, Roku, Applied Materials, Cabot Oil & Gas, Barrick Gold, Southern Co., Waste Management, Marriott, Dropbox, Trip Advisor, Consolidated Edison, Credit Suisse, Barclays, Airbus, Daimler
US: Jobless claims, Building permits, Housing starts, Philadelphia Fed survey
Japan: Core CPI
Fed Governor Lael Brainar, ECB Publishes Account of Monetary Policy Meeting.
EarningsDeere, Eni, Allianz
US: Existing homes sales, Manufacturing and Services PMIs
U.K: Retail Sales
EU: German PPI, French CPI, German Manufacturing and Services PMIs, French Manufacturing and Services PMIs, Italian Manufacturing and Services PMIs, Eurozone Manufacturing and Services PMIs
Boston Fed’s Rosengren
Source: CNBC, Investopedia.