{"id":7706,"date":"2024-02-19T07:15:05","date_gmt":"2024-02-19T07:15:05","guid":{"rendered":"https:\/\/justmarkets.eu\/weekly-overview-2024-02-19\/"},"modified":"2024-02-19T07:41:14","modified_gmt":"2024-02-19T07:41:14","slug":"weekly-overview-2024-02-19","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2024-02-19\/","title":{"rendered":"Week’s main events (February 19 – February 23)"},"content":{"rendered":"\r\n
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Week’s main events (February 19 \u2013 February 23)<\/h1>\r\n
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\r\nTraders will scrutinize the FOMC minutes this week and look for clues as to when the Federal Reserve will start cutting interest rates. At the same time, the S&P Global PMIs flash index for the US will assess this month’s economic performance. In addition to the US, attention will be on flash PMIs for the Eurozone, Germany, the UK, and Japan. The Ifo business climate indicator in Germany and the inflation rate in Canada and the Eurozone will also be in focus. Earnings at chipmaker Nvidia (NVDA) will test the artificial intelligence fever that has boosted US stocks in recent months, while Walmart (WMT) will kick off earnings at the biggest US retailers.\r\n <\/p>\r\n\r\n\r\n\r\n\r\n\r\n

\r\n Monday, February 19\r\n <\/div>\r\n
\r\nMonday will be a weakly volatile day. Monday is a bank holiday in the US and Canada, while no important economic events are expected in Asia and the Eurozone. \r\n <\/div>\r\n
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\r\n Tuesday, February 20\r\n <\/div>\r\n
\r\nIn Tuesday’s Asian session, China will release PBoC prime rate data, which is significant for Asian indices. The bank is expected to keep rates at current levels, which could trigger a wave of disappointment among investors who expect more decisive measures from the PBoC amid prolonged deflation. Also in the spotlight will be inflation data in Canada. Inflation is expected to decline slightly, but there could be surprises. Any hint of resilience in inflation could lead to a rise in the Canadian dollar because the Bank of Canada will hold rates longer. Also, on Tuesday, the US retailers will begin reporting earnings. Walmart (WMT) will report results before the market opens on Tuesday.\r\n\r\n <\/div>\r\n\r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n