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Weekly Outlook – The quarterly reporting season continues • news • onvista

by James Carter Senior News Editor

HSBC Weekly Outlook: Market-Moving Data & Earnings Reports on Deck – Breaking News

Get ready for a busy week on the economic calendar! HSBC has released its weekly outlook, highlighting a flurry of key data releases and earnings reports that could significantly impact global markets. From crucial PMI figures to interest rate decisions and the performance of industry titans, investors have a lot to digest. This isn’t just about numbers; it’s about understanding the pulse of the global economy and making informed decisions. We’re bringing you the essential details, so you don’t miss a beat. This is a breaking news update for investors focused on SEO and staying ahead of the curve with Google News.

Monday: Buffett, Palantir, and Manufacturing Insights

The week kicks off with the U.S. Manufacturing Purchasing Managers’ Index (PMI), a vital gauge of factory activity. But the real excitement centers around earnings. Warren Buffett’s Berkshire Hathaway will unveil its latest quarterly results, offering a peek into the conglomerate’s diverse holdings and investment strategy. Simultaneously, Palantir Technologies, the data analytics firm, reports, fresh off reaching a new all-time high in its share price. Can Palantir maintain its momentum? Investors will be scrutinizing their performance for clues.

Tuesday: Global Interest Rates & Tech Earnings

Following last week’s moves by the European Central Bank (ECB) and the Federal Reserve (Fed), all eyes turn to the Reserve Bank of Australia (RBA) and its interest rate decision. This global focus on monetary policy underscores the delicate balance central banks are attempting to strike between controlling inflation and fostering economic growth. Adding to the intensity, a wave of tech giants – AMD, Shopify, Uber, Spotify, and Amgen – will release their quarterly reports. These reports will provide a crucial snapshot of the health of the technology sector, a key driver of the modern economy.

Wednesday: China, US PMIs & Employment Data

Mid-week brings a double dose of PMI data, this time from China and the U.S. services sectors. These reports offer insights into the health of the service industries, which represent a significant portion of both economies. The U.S. will also release its employment change figures, a monthly indicator of job creation and a key metric for assessing the overall strength of the labor market. Corporate earnings continue with updates from Novo Nordisk, McDonald’s, Applovin, Qualcomm, Arm and Robinhood. The question on everyone’s mind: will these companies meet, or exceed, investor expectations?

Thursday: Bank of England, Eurozone Retail Sales & Defense Sector Watch

The Bank of England (BoE) will announce its own interest rate decision, adding another layer to the global monetary policy landscape. In the Eurozone, retail sales data will be released, providing a crucial indicator of consumer spending – a vital component of economic growth. Also in focus: earnings reports from Airbnb, Petroleo Brasileiro, and German defense company Rheinmetall. Rheinmetall, which hit a record high in October, will be closely watched to see if it can recapture that momentum.

Friday: Labor Market Data & Final Earnings Reports

The week concludes with a focus on labor market dynamics. Canada will release its unemployment rate and employment change figures, while the U.S. will publish average hourly wage data, a key indicator of wage inflation and the overall health of the labor market. Rounding out the earnings season are reports from Duke Energy, KKR & Co, Constellation Energy and Compagnie Financiere.

This week’s economic calendar is packed with events that could shape market sentiment and investment strategies. Staying informed is paramount, and understanding the broader context of these data releases and earnings reports is crucial for navigating the complexities of the global financial landscape. For more in-depth analysis, specialist articles, and live webinars from Julius Weiß and Jörg Scherer, visit the HSBC website. Remember, when dealing with certificates and leveraged products, a thorough understanding of the risks involved is essential.

Disclaimer: This information is based on a press release from HSBC and is intended for informational purposes only. It does not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.

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