Today the focus is on European vaccine optimism, Boeing’s good deal, and the US making progress in vaccination.
The British Office for National Statistics releases its yearly Consumer Price Index. Forecast: 0.8%. If the data is lower than expected the GBP will receive a negative push.
Assets to trade: GBP/USD, EUR/GBP, GBP/CHF
Statistics Canada releases its readings on the monthly Core Consumer Price Index in Canada. No forecast. Previous:0.3%. If the data is higher than the previous estimation the CAD will receive a positive push.
Assets to trade: AUD/CAD, CAD/CHF, USD/CAD
The US Energy Information Administration releases its weekly measurements of the US Crude Oil inventories. Forecast: -2.86M. If the data is lower than expected the Brent will receive a positive push.
Assets to trade: Brent
Dubai Aerospace orders 15 Boeing 737 MAX jets. Affects Boeing
As the earnings season continues, investors turn their attention from major Wall St. indices to Big Tech companies. Affects NASDAQ
The US Centers for Disease Control and Prevention (CDC) expands COVID-19 vaccine eligibility to 16 and older. Affects Johnson & Johnson
Facebook unveils upcoming audio products to provide competition for the popular social media Clubhouse. Affects Facebook
As the European vaccine program borns its fruit, markets look to the future with optimism. Affects EUR
Boeing, along with other aerospace companies, was hurt by COVID-19 and lockdowns that followed it. Even the latest optimistic data on vaccinations weren’t enough to end its slump.
Here, we can see Boeing following a downtrend, with a sudden slip at the end. We expect this trend to continue in the short term.
Johnson & Johnson
The stock is following a steady uptrend, though the recent spike will likely trigger a price correction in the nearest future.
Google currently follows a narrowing price channel and is likely to break out of it upwards.