The main events of Tuesday!

On Tuesday, February 26, market attention will be focused on data on inflation in the UK, real estate in the United States and the speech of the US Federal Reserve Chairman.

At 09:00 – Gfk German index of consumer climate  (March), forecast 10.8,  previous value  10.8.

At 11:30 – gross mortgage approvals in the UK will be announced, forecast  39.2K,  previous value 38.8K.

At 12:00 –  an inflation report hearing in the UK.

At 15:30 – data on real estate in the United States:
– Building permits  (December), forecast 1,290M,  previous value  1,322M.
– Building permits (m/m) (December), forecast -2.8%, previous value  5.0%.
– Housing starts (December), forecast 1,250M,  previous value  1,256M.
– Housing starts (m/m) (December),  forecast  -0.5%,  previous value  3.2%.

At 16:00 –  S&P/CS Composite-20 housing price index will be published non-seasonally adjusted (y/y) (December) in the US,  forecast 4.9%,  previous value 4.7%.

At 17:00 – consumer confidence index CB (Feb) of the USA will be announced, forecast  124.7,  previous value 120.2.

At 17:00 – the speech of the Fed Chairman Mr. Powell.

At 23:30 – API weekly stocks of crude oil will be released in the USA,  previous value  1.260M.

At 23:45 – data on the trade balance of New Zealand will be published:
– Trade balance (y/y) (Jan), forecast -5.496M, previous value -5.860M.
– Trade balance (m/m) (Jan), forecast -300M, previous value  264M.

Hanzenko Anton