Next Week Features Inflation, Retail Sales Data

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

Digital Content Manager
Feb 8, 2024 at 12:00 PM
facebook X logo linkedin


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.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI