Next Week Features Inflation, Retail Sales Data

The consumer price index (CPI) and producer price index (CPI) are on tap

Fernanda Horner

Digital Content Manager

Feb 8, 2024 at 12:00 PM

Next week brings a fresh batch of inflation data, which could play a role in the future of interest rates, following Federal Reserve Chair Jerome Powell's comments expressing hesitancy over implementing cuts. Additionally, traders will be keeping a close eye on manufacturing and retail sales data.

The earnings lineup features quarterly reports from Airbnb (ABNB), Biogen (BIIB), Chemours (CC), Cisco Systems (CSCO), CME Group (CME), Coca-Cola (KO), Coinbase Global (COIN), Crocs (CROX), Datadog (DDOG), DoorDash (DASH), DraftKings (DKNG), Dropbox (DBX), Hasbro (HAS), Lyft (LYFT), MGM Resorts (MGM), PENN Entertainment (PENN), Roku (ROKU), TripAdvisor (TRIP), and Twilio (TWLO).

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

The monthly U.S. federal budget is due out Monday, Feb. 12.

Tuesday, Feb. 13 features the consumer price index (CPI) and core CPI.

There is no economic data on tap for Wednesday, Feb. 14.

More jobs data comes out on Thursday, Feb. 15, in addition to the Empire State and Philadelphia manufacturing surveys, the import price index, as well as both industrial production and capacity utilization data. Plus, retail sales data and the home builder confidence index are also scheduled.

Friday, Feb. 16 brings housing starts and building permits, but most of the focus will be on the producer price index (PPI) and core PPI. Preliminary consumer sentiment data is on the docket as well.

Follow @Schaeffers

The $25K Day Trading Barrier is Gone

The long-standing Pattern Day Trader (PDT) rule that required many traders to maintain a $25,000 account balance is no longer standing in the way.

That means more traders can actively pursue short-term opportunities without the barrier that kept so many on the sidelines.

Now it's all about having the right strategy.

Dynamite Day Trading Signals helps you hit the ground running with up 2 options trade alerts per week, built to capture fast-moving opportunities.

👉 Sign up now to receive the next trade