What will drive the markets this week?
Global stocks ended lower last week in what was the worst week for U.S. equity markets since June. This week investors are likely bracing for more turbulence as September lives to its reputation as the worst month for the stock market. The corporate calendar will also remain mostly quite as most companies have reported their earnings. But investors can expect to reap from the upcoming IPOs – more than 110 companies are set to go public in the next four months, including Flipkart, among others.
In economic data, investors will analyze the U.S. Consumer Price Index (CPI) and Retail Sales figures for August as well as the University of Michigan’s Consumer Sentiment and Expectations reports.
Monday, September 13:
- Earnings: Oracle, China Petroleum & Chemical, and 51jobs.
Tuesday, September 14:
- U.S. Consumer Price Index (August).
- U.S. NFIB Business Optimism Index (August).
- China Industrial Production (August).
- Japan Industrial Production (July).
- India WPI Inflation (August).
- Earnings: Core & Main.
Wednesday, September 15:
- U.S. Industrial Production (August).
- EA Industrial Production (July).
- Great Britain Inflation Report (August).
- Canada Inflation Report (August)
Thursday, September 16:
- U.S. Retail Sales (August).
Friday, September 17:
- University of Michigan Consumer Sentiment and Expectations Reports (September).
- EA Inflation Report (August).
- Earnings: Progressive Corp.