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BoE interest rate decision; EZ PMI data; Apple: 5 things to watch this Thursday

Published 02/11/2023, 08:33
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Investing.com - Today we look ahead to the Bank of England's (BoE) interest rate decision.

We also keep an eye on the corporate earnings season.

The Brent climbs.

Cryptocurrencies move higher this morning.

Here are the five factors that investors should consider when making their decisions today:

1. Bank of England interest rate decision

At 13:00 Spanish time, we will know the Bank of England's interest rate decision. The Bank is expected to leave rates unchanged at 5.25%, in line with the general strategy of the main central banks to pause their hawkish strategy.

2. Corporate earnings

The corporate earnings season is in full swing. Today Apple (NASDAQ:AAPL), Eli Lilly (NYSE:LLY), Booking (NASDAQ:BKNG), Grifols (BME:GRLS) and Aena (BME:AENA), among others, present their figures.

3. Cryptocurrencies and commodities

The cryptocurrency sector continues to rise. The Bitcoin is trading at 35,000 dollars and the Ethereum at 1,800.

Also keep an eye on the price of café de EE.UU. these days. Today it is trading at 160 dollars.

Meanwhile, futuros del oro is trading at around $1,992 today.

4. Asia and the American stock market

The main Asian indices are mixed today. The Nikkei is up 1.2%, Hong Kong's Hang Seng is up 0.7% and Shanghai Composite is down 0.2%.

On Wall Street, the market ended yesterday in the green. Highlights were the closes of S&P 500 (+1%), Nasdaq (+1.6%) and Dow Jones (+0.6%).

5. Macroeconomic data

Among the macroeconomic references in Europe, we will highlight a battery of manufacturing PMI in Spain, France, Italy, Germany and the Eurozone.

In the US, we will see new claims for unemployment benefits and natural gas reserves.

Translated from Spanish using DeepL.

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