The evaluation season is going to dry up
Sunday, March 21, 2021 1:55 pm
(ABM FN-Dow Jones) Investors are heading for a somewhat quiet week, and now the return period is over.
“The corona virus continues to dominate everyday life and locks are tightening again in many European countries. However, investors have other concerns,” ING economist Morton Lean wrote in a preview of the week.
After a year of investor concern, it has now been replaced by fears of higher inflation and interest rates, but if it were up to the central bank, investors would no longer have to worry about interest rates.
The majority of federal executives believe it is not necessary to raise policy rates by the end of 2023. But seven of the seventeen federal executives expect to raise interest rates by the end of 2023. There were only five in December, Lean underlined.
Latest business statistics
There are ceramic expert Royal Delft and Wednesday figures according to Avantiya and value 8 on Tuesday. On Thursday, the DPA will open the books and CDP will most likely receive a list on Pearsplein 5. After opening, Brill will open the books and there will be Eurocommercial Properties figures on Friday.
Various companies are holding their annual meeting next week.
Internationally, the focus is on Adobe and Gamestop on Tuesday and Chinese Tencent on Wednesday. Statistics from the Chinese Internet company may drive the course of key partner Porsche.
The week begins on Monday with home news from the Netherlands and the United States. A day later, the US housing market figures are re-released and the Dutch Federal Statistics Bureau is busy with data on consumption, confidence and investments.
Halfway through the week the Interim Purchasing Managers ’indices and inflation figures are coming in from the UK. As with consumer confidence in the eurozone, durable goods orders are also in the US and weekly oil stocks are reported.
On Thursday, consumer confidence in Germany and trade confidence in France and Belgium will follow. Also, there are weekly applications for support and the US has brought in the final growth figures for the fourth quarter.
This week ends Friday with Dutch growth figures, UK retail sales and Joe Sixpack’s US revenue and expenses. The last day of the week is all about hope again. The United States and France declare consumer confidence, while Germany declares how the flag hangs among entrepreneurs.
ABM Financial News; [email protected]; Redactie: +31 (0) 20 26 28 999.