The beginning of the week will see how the market reacts after the United States struck Venezuela on Saturday. Inderes chief analyst at the weekend Petri Gostowski estimates that there are hardly any massive market movements coming.
Danish Bank senior analyst Antti Ilvonen pova’s weekly review of a brighter financial year.
Ilvonen expects the Euribor to remain unchanged, the US economy to continue growing and Asian industry to recover despite geopolitical tensions.
In addition, the week promises not only a dose of fresh economic data, but also a market-free period in Finland and Sweden due to the epiphany.
Monday
Statistics week opens with data on US private consumption and private income in October. China’s Christmas Purchasing Managers’ Index will also be published on Monday.
The Swedish market is closed for half a day.
Tuesday
Due to Epiphany, trading on the Finnish and Swedish stock exchanges is on hiatus.
On the statistical side, December’s purchasing managers’ indexes for German service industries, euro area service industries, and the US S&P Global purchasing managers’ index are due. Consumer price data from Germany will also be published on Tuesday.
Wednesday
Danske’s Antti Ilvonen believes that the pre-inflation of the euro area for December, which will be published on Wednesday, will slow down to exactly 2.0 percent due to the drop in energy prices.
On Wednesday, there will also be data on Germany’s unemployment rate and US factory orders, among other things.
In Finland, we receive information from the Bank of Finland about loans, deposits and interest rates.
Thursday
A large number of figures are published from the euro area. Among other things, the economic confidence of the euro area for December, the unemployment rate for November, the producer price index for November, consumer confidence for December and the industrial confidence indices for December are scheduled.
There will be information from the United States about the trade balance and new unemployment compensation applications.
Friday
On Friday, the US labor market report for December will be published. According to forward-looking indicators, the demand for labor has picked up, and Dansken Ilvonen believes that employment growth will accelerate.
Data on consumer prices in China, industrial production in Germany and Finland, and retail trade in the euro area will also be published on Friday.
You can also view the events of the market week in Kauppalehti from the calendar.