Fundamentals to watch out for this week

In terms of volatility risks, this week is quite heavy both in terms of data and events.

What to watch for over the coming days:

• Central Banks:

Fed’s Quarles, Williams, and Evans set to speak on Tuesday, Dudley on Wednesday, and Mester on Thursday. Bank of Canada (BoC) will announce interest rate decision on Wednesday.

• Economic data:

U.S. retail sales on Monday, China’s GDP, retail sales, and industrial production data on Tuesday. UK Unemployment report on Tuesday, inflation report on Wednesday, and retail sales report on Thursday. Eurozone inflation report on Wednesday. Australia’s unemployment report on Thursday, Canada’s inflation, and retail sales report on Friday.

• Earnings:

Almost 60 companies listed on the S&P 500 are slated to report results next week. Big names include, Goldman Sachs, Bank of America and Morgan Stanley will follow suit. Netflix, CSX, Johnson & Johnson, General Electric and Honeywell.

• Geopolitics:

President Trump will meet Japanese Prime Minister Shinzo Abe on Tuesday at his Mar-a-Lago resort in Florida. The spring meetings of the World Bank and the International Monetary Fund’s board of governors kick off in Washington on Monday.

Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.

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