The main events of the day
On Wednesday, February 14, the day is full of data on Japan, Germany and the Eurozone, but the market will be focused on inflation data in the US.
The market resumes negative sentiment amid a decline in global stock indices after a short correction.
At 01:30 – the index of consumer sentiment in Australia from Westpac, the previous value is 1.8%.
At 01:50 – preliminary data on Japan’s GDP:
– Japan’s GDP (y/y), the forecast is 0.9%, the previous value is 2.5%.
– Japan’s GDP (q/q), the forecast is 0.2%, the previous value is 0.6%.
At 04:00 – the expected inflation in New Zealand (q/q), the previous value is 0.2%.
At 09:00 – a news block on Germany:
– The consumer price index (CPI) in Germany (m/m), the forecast is -0.7%, the previous value is -0.7%.
– Germany’s GDP (q/q), the forecast is 0.6%, the previous value is 0.8%.
– Germany’s GDP (y/y), the forecast is 2.3%, the previous value is 2.3%.
At 10:00 – a speech of the President of the Bundesbank Weidmann.
At 10:50 and 13:20 – a speech of a member of the Board of Governors of the National Bank of Switzerland Zurbriggen.
At 12:00 – data on the euro area:
– Eurozone GDP (q/q), the forecast is 0.6%, the previous value is 0.6%.
– Eurozone GDP (y/y), the forecast is 2.7%, the previous value is 2.7%.
– The volume of industrial production in the euro area (m/m), the forecast is 0.2%, the previous value is 1.0%.
At 15:30 – data on inflation in the US:
– Basic consumer price index (CPI) in the USA (y/y), the forecast is 1.7%, the previous value is 1.8%.
– Basic consumer price index (CPI) in the US (m/m), the forecast is 0.2%, the previous value is 0.3%.
– The base retail sales index in the US (m/m), the forecast is 0.4%, the previous value is 0.4%.
– Consumer Price Index (CPI) in the US (m/m), the forecast is 0.3%, the previous value is 0.1%.
– The volume of retail sales in the US (m/m), the forecast is 0.2%, the previous value is 0.4%.
At 17:00 – the volume of inventories in the US (m/m), the forecast is 0.3%, the previous value is 0.4%.
At 17:30 – oil reserves in the US:
– Crude oil reserves in the US, the forecast is 2.600M, the previous value is 1.895M.
– Data on surplus oil reserves in Cushing (Oklahoma, USA), the previous value is -0.711M.
Hanzenko Anton