Weekly Outlook: Feb 12 - Feb 16

Monday

United States: the Federal Budget Balance for January will be unveiled at 19:00 GMT, with a $40 billion deficit seen from a prior $23 billion.

Tuesday

Europe: the UK consumer price index and producer price index input for January will be out as of 09:30 GMT, with a 0.4 percent monthly growth seen in both cases.

Asia: Japan’s fourth-quarter gross domestic product is up at 23:50 GMT, with analysts forecasting a quarterly revision to 0.2 percent from 0.6 percent and a 0.9 percent y/y advance.

Wednesday

Europe: Germany’s consumer price index for January will be available along with a fourth-quarter revision of the gross domestic product at 07:00 GMT. The Eurozone will present its Q4 GDP and industrial production figures for December as of 10:00 GMT.

United States: the consumer price index and retail sales for January will be out at 13:30 GMT. Both reports will be carefully monitored by Federal Reserve policymakers. Business inventories for December are up at 15:00 GMT. The US Energy Information Administration will release its weekly report on crude and refined products stockpiles at 15:30 GMT.

Thursday

Asia: Japan’s industrial production for December will be out at 04:30 GMT.

Europe: the Eurozone will unveil its latest trade balance at 10:00 GMT.

United States: the producer price index is up at 13:30 GMT, with a 0.3 percent rise seen. The New York Empire State manufacturing index for February is due to be released by the same hour. Industrial product for January will be out at 14:15 GMT.

Friday

Europe: UK retail sales for January will be available at 09:30 GMT.

United States: building permits and housing starts for January will be out at 13:30 GMT. Michigan consumer expectations and sentiment for February is up at 15:00 GMT.

Fort Financial Services