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5 things to watch this Friday

Published 16/02/2024, 06:16
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Investing.com - Today we will be looking at the appearance of Isabel Schnabel, member of the European Central Bank (ECB).

Corporate earnings season continues.

The Brent is trading volatile.

Cryptocurrencies move higher this morning.

Here are five things for investors to consider when making their decisions today:

1. Schnabel (ECB) speaks.

This Friday, ECB member Isabel Schnabel will speak at 9:45am Spanish time. We will be watching to see if he will provide any further details on the monetary policy strategy.

2. Corporate results

The corporate earnings season continues. Today we will see figures from Eni (BIT:ENI), Bridgestone (TYO:5108) and Swiss Re (SIX:SRENH), among others.

3. Cryptocurrencies and commodities

The cryptocurrency sector is trading volatile. The Bitcoin is trading at $52,000 and the Ethereum at $2,800.

Also watch out for the price of US Coffee Futures these days. Today it is trading at 190 dollars.

Meanwhile, gold futures is trading today at around 2,015 dollars.

4. Asia and the American stock market

Positive signs today in the main Asian indices. The Nikkei is up 0.9%, Hong Kong's Hang Seng is up 2.6% and Shanghai Composite remains closed for the Chinese New Year holiday.

On Wall Street, the market also ended yesterday in the green. Highlights were the closes of S&P 500 (+0.5%), Nasdaq (+0.3%) and Dow Jones (+0.9%).

5. Macroeconomic data

Among the macroeconomic references in Europe, UK retail sales and CPI France stand out.

As for the US, we will know the building permits and the University of Michigan consumer confidence.

Translated from Spanish using DeepL.

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