The main events of the day

Thursday, February 22, is full of statistics on the euro area, the UK, the US and Canada. At the same time, the market will be focused on data on UK GDP and oil reserves in the US.

Also, the market continues to analyze the FOMC protocol and the dynamics of the US currency.

At 11:00 – data on Germany:
– Index of business expectations in Germany, the forecast is 107.9, the previous value is 108.4.
– Assessment of the current situation in Germany, forecast is 127.0, the previous value is 127.7.
– Index of the business climate IFO Germany, the forecast is 117.0, the previous value is 117.6.

At 11:30 – data on UK GDP:
– Business investment in the UK (q/q), the forecast is 0.5%, the previous value is 0.5%.
– UK GDP (QoQ), forecast 0.5%, the previous value is 0.5%.
– UK GDP (y / y), forecast 1.5%, the previous value is 1.5%.

At 14:30 – the minutes of the ECB meeting on monetary policy.

At 15:30 – the number of initial applications for unemployment benefits in the US, the forecast is 230K, the previous value is 230K.

Also, at 15:30 – data on retail sales in Canada:
– The basic index of retail sales in Canada (m/m), the forecast is 0.3%, the previous value is 1.6%.
– The volume of retail sales in Canada (m/m), the forecast is 0.2%, the previous value is 0.2%.

At 18:00 – a report on oil reserves in the US:
– Reserves of crude oil in the US, the forecast is 1.333M, the previous value is 1.841M.
– Data on excess oil reserves in Cushing (Oklahoma, USA), the previous value is -3.642M.

At 23:45 – data on retail sales in New Zealand:
– The base retail sales index in New Zealand (q/q), the forecast is 0.7%, the previous value is 0.5%.
– Retail sales in New Zealand (q/q), the forecast is 1.4%, the previous value is 0.2%.

Hanzenko Anton