GuShiio.com ① The Federal Reserve will release the minutes of the January interest rate meeting in the early morning of next Thursday, Beijing time. Investors will then look for clues about future monetary policy trends;
② A number of stock companies will release their fourth-quarter financial results next week. The most noteworthy one may be Alibaba, which will announce results before the market next Thursday.
Cailian News, February 16 (Editor Xia Junxiong)The three major U.S. stock indexes all recorded gains this week, with the Dow rising 0.55%, the S & P 500 index rising 1.47%, and the Nasdaq rising 2.58%.
U.S. President Trump signed a presidential memorandum on Thursday proposing reciprocal tariffs, but did not immediately implement them, which helped boost market sentiment.
On the other hand, although the two inflation data released this week-CPI and PPI-were both higher than market expectations, the increase in PCE-related categories in the U.S. January PPI data was relatively moderate. The PCE price index is the Federal Reserve’s preferred inflation indicator.
Federal Reserve Chairman Powell said at a congressional hearing this week that given the strong performance of the U.S. economy, the Fed is in no hurry to cut interest rates further. The market currently expects the Fed to remain on the sidelines for a longer period of time and may not cut interest rates again until the fourth quarter.
The Federal Reserve will release the minutes of its January interest rate meeting in the early morning of next Thursday, Beijing time, where investors will look for clues about future monetary policy trends.
The Reserve Bank of Australia, the Reserve Bank of New Zealand, the Central Bank of the Philippines and the Central Bank of Turkey will all announce the latest interest rate decisions next week.
In terms of earnings, retail giant Wal-Mart will announce its earnings results before Thursday’s session, which will provide investors with new insights into the health of U.S. consumers.
Wall Street closely follows trends in consumer spending, which accounts for more than two-thirds of U.S. economic activity.
Matt Maley, chief market strategist at Miller Tabak, said Wal-Mart, one of the most important consumer companies in the United States, will be closely watched.
“It’s not just their earnings data and outlook guidance, it’s more about how they view consumers,” Maley said.
A number of stock companies will release fourth-quarter financial results next week. The most noteworthy one may be Alibaba, which will announce results before next Thursday’s market.
Alibaba’s U.S. stocks surged more than 20% this week, mainly because Apple chose it as its main partner in developing “Apple Intelligence” in China. At the same time, Ali’s increase so far this year is close to 50%.
(Highlights of next week’s earnings report)
The U.S. stock market will be closed next Monday for Presidents ‘Day.
Overview of important overseas economic events next week (Beijing time):
Monday (February 17):U.S. stocks are closed for one day, and Eurozone trade accounts are adjusted in December
Tuesday (February 18):The Reserve Bank of Australia announced interest rate decision, France’s January CPI final value, Canada’s January CPI data, Germany/Eurozone February ZEW economic sentiment index
Wednesday (February 19):The Federal Reserve Bank of New Zealand announced interest rate decisions and monetary policy statements, UK January CPI data, and the euro zone’s December revised current account
Thursday (February 20):The Federal Reserve announced the minutes of the January monetary policy meeting, Germany’s January PPI data, the US February Philadelphia Federal Reserve Manufacturing Index, the euro zone’s February consumer confidence index, the US January Consultative Conference’s leading indicators, the Philippines Central Bank announced interest rate decision, Turkey The central bank announced interest rate decision
Friday (February 21):Japan’s January CPI data, France/Germany/Eurozone’s initial manufacturing/services/comprehensive PMI in February, the UK’s initial manufacturing/services/comprehensive PMI in February, the US’s S & P’s global manufacturing/services/initial comprehensive PMI, the US’s February University of Michigan Consumer Confidence Index final value
