Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

What Is The Road Out Of Lockdown 3.0?

By Spreadex (Connor Campbell)Market OverviewFeb 21, 2021 07:22
What Is The Road Out Of Lockdown 3.0?
By Spreadex (Connor Campbell)   |  Feb 21, 2021 07:22
Saved. See Saved Items.
This article has already been saved in your Saved Items

Investors will find out more about the path out of Lockdown 3.0 in the UK, while in the US the Dow Jones is still chasing fresh highs.


Monday is going to be a big one for the UK markets. It is the date when Boris Johnson’s government is set to reveal how the country will exit the current set of covid-19 restrictions in light of the successes of the vaccine rollout.

A lot of information is already out there, suggesting the easing will start with schools reopening on March 8th. That then is likely going to be followed by the reopening of non-essential shops in March or April, some holiday lets in April, pubs and restaurants in May and then, by the summer, staycations. Essentially, the country will be gradually moving down through the tier system put in place in the latter stages of 2020.

It’s all very vague, so what investors (and the nation) will want from Johnson is some firming up of the timeline. Though hard dates might be difficult to announce – every step is going to be contingent on Covid-19 case numbers continuing to fall.

Aside from the lockdown press conference, the UK is pretty quiet data-wise, with the exception of Tuesday’s jobs report. The claimant count change reading will be the most influential figure, covering the month of January, while the average earnings index and unemployment rate numbers will be for December.

In terms of corporate updates, it is another notable week for the FTSE 100 and FTSE 250. Monday has Primark-owner Associated British Foods PLC (LON:ABF), which finds itself in the fairly novel position of its food division outperforming its clothing brand.

Tuesday sees HSBC joined by Croda International PLC (LON:CRDA) and InterContinental Hotels Group PLC (LON:IHG), the latter of which is likely facing an ugly update.

The latest update from Lloyds (LON:LLOY) is on Wednesday, with a congested Thursday then including Anglo American (LON:AAL), BAE Systems (LON:BAES), Centrica (LON:CNA), Mondi (LON:MNDI) and Standard Chartered (LON:STAN). Things wrap up on Friday, finally, with Essentra PLC (LON:ESNT) and Rightmove PLC (LON:RMV).


As February comes to a close, the Dow Jones Industrial Average is still is in the running for a record high every time the bell rings on Wall Street.

But the markets are going to need to start seeing speedier stimulus updates if that momentum is to be maintained.

The latter stages of the week are expected to bring the floor vote in the House – and then it’s off to the Senate.

One of the big questions around the bill is the minimum wage, with a couple of Democrat senators opposed to raising it to $15 an hour. Given that just one lost vote would cause the bill to crumble via the budget conciliation method in the Senate, the markets would do well to keep an eye on how the issue is amended.

As for data, the CB consumer confidence number is on Tuesday, with new home sales on Wednesday.

Thursday has the 2nd look at Q4 GDP – which initial estimates showed at 4.0% at the annualised rate – alongside durable goods orders and jobless claims, while Friday sees the core PCE price index, personal spending, Chicago PMI and revised consumer sentiment readings.


The Eurozone has something to offer every day this week. Monday sees the German Ifo business climates numbers, Tuesday the region-wide final inflation figure for January, Wednesday the final German Q4 GDP reading, Thursday the German Gfk consumer climate data, and Friday the French Q4 GDP estimates.

"Disclaimer: Spreadex provides an execution only service and the comments above do not constitute (or should not be construed as constituting) investment advice or recommendations, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any person placing trades based on their interpretations of the above comments does so entirely at their own risk. Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the longest established spread betting firms in the industry with a strong reputation for its high level of customer service and account management.

In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Conduct Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved."

Original Post

What Is The Road Out Of Lockdown 3.0?

Related Articles

What Is The Road Out Of Lockdown 3.0?

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email