Monday Sep 9 2019 10:50
3 min
Expectations are high ahead of this week’s European Central Bank policy meeting. A run of poor Eurozone data has raised bets on further rate cuts, while investors have snapped up government bonds in the bloc in anticipation of a potential restart to the quantitative easing programme.
Key releases on the US calendar this week could crank up the odds of more easing from the Federal Reserve before the year is through. Last week’s ISM manufacturing print shocked, with the index falling into contraction territory. Soft readings from the upcoming CPI, retail sales, or University of Michigan sentiment index could see further dovish bets.
Sterling remains almost exclusively at the mercy of Brexit-related news flow, but growth and wage figures might draw some attention. After having been stuck on hold thanks to the uncertainty of Brexit, the Bank of England may have to be quick out of the starting gate once the October 31st departure deadline passes. Data recently has been weak and another blow from either growth or earnings would see expectations of a rate cut climb.
It’s been another bad year for Kroger so far. KR is down 12% year-to-date, compared with rises of 14% for the S&P 500 and 16% for its industry. Peers such as Target and Walmart have had strong quarters. Will Kroger’s own investments in expanding online and delivery offerings help it deliver a strong Q2 report?
September 11th | Hermes International | H1 |
September 12th | WM Morrison Supermarkets | Q2 2020 |
September 13th | Kroger | Q2 |
We’re got loads of great sessions for you this week. with our expert guests and residents. Watch live, or catch up when it’s convenient for you. Subscribe to submit questions that our presenters answer in real time.
07.15 GMT | September 10th | European Morning Call |
15.30 GMT | September 10th | Asset of the Day: Bullion Billions |
15.45 GMT | September 10th | Asset of the Day: Oil Outlook |
07.00 GMT | September 12th | Live Trading Room |
18.00 GMT | September 12th | The Stop Hunter’s Guide to Technical Analysis |
Stay ahead of the markets by understanding what key economic events are coming up, and what impact they could have on your trades.
08.30 GMT | September 9th | UK Monthly GDP |
01.30 GMT | September 10th | China CPI |
08.30 GMT | September 10th | UK Average Earnings |
00.30 GMT | September 11th | Australia Westpac Consumer Confidence |
11.45 GMT | September 12th | ECB Monetary Policy Rate and Statement |
12.30 GMT | September 12th | US CPI |
12.30 GMT | Steptember 13th | US Retail Sales |
14.00 GMT | September 13th | US Preliminary Michigan Sentiment Index |