Market mover of the week: the Fed and lots of data are coming
Market mover of the week from January 29th to February 2nd: many unmissable economic events are about to impact the markets.
The calendar is full of updates, while the Federal Reserve meeting on January 30th and 31st stands out, when Powell could anticipate news on future monetary policy moves, especially regarding the rate cut.
In terms of data, there is a wait for the preliminary GDP in the Eurozone, Italy and Germany.
Also under scrutiny are Chinese PMIs, preliminary Italian and German inflation and the manufacturing indices of Italy, Germany, the Eurozone and the USA.
In detail below, all the market movers of the week from January 29th to February 2nd.
Market mover Monday 29 January 10:00, EUR: Non-EU trade balance Italy Market mover Tuesday 30 January 10:00, EUR: Preliminary GDP Italy 10:00, EUR: Preliminary GDP Germany 11:00, EUR: PPI Italy 11:00, EUR: Preliminary Eurozone GDP 16:00, USD: US Consumer Confidence Report 16:00, USD: New Jobs JOLTs UsaMarket mover Wednesday 31 January 00:50, JPY: Japan Industrial Production 02:30, CNY: China Composite PMI 02:30, CNY: China Manufacturing Purchasing Managers' Index 02:30, CNY: China Non-Manufacturing PMI 08:00, EUR: Germany Retail Sales 09:55, EUR: Unemployment Rate Germany 10:00, EUR: Monthly unemployment rate Italy 12:00, EUR: Industrial sales Italy 14:00, EUR: Preliminary CPI in Germany 14:15, USD: Change in non-farm employment (ADP) US 20:00 , USD: US FED Funds Interest Rate Decision 8.30pm, USD: FOMC Press Conference UsaMarket mover Thursday 1 February 02.45am, CNY: PMI Manufacturing Index – Caixin China 09.45am, EUR: Directors' Index Manufacturing Purchasing Managers' Index Italy 09:50, EUR: Manufacturing PMI Index France 09:55, EUR: Manufacturing Purchasing Managers' Index Germany 10:00, EUR: Eurozone Manufacturing PMI Index 11:00, EUR: Preliminary CPI Italy 11:00, EUR: Preliminary Eurozone CPI 13:00, GBP: UK Interest Rate Decision 14:30, USD: US Initial Jobless Claims 15:45, USD: Manufacturing Purchasing Managers' Index USA 4.00pm, USD: ISM Manufacturing Purchasing Managers' Index USAMarket mover Friday 2 February 2.30pm, USD: Non-Farm Payrolls USA 2.30pm, USD: US Unemployment Rate
