By Laura Sanchez
Investing.com - Investors are looking ahead to important macroeconomic data today, including inflation in Spain and Germany and the European Central Bank's (ECB) Economic Bulletin.
We will also keep an eye on the corporate earnings season.
Oil is trading lower.
Cryptocurrencies are higher this morning.
Here are the five factors investors should consider when making their decisions today:
1. ECB economic bulletin; De Guindos speaks
This Thursday, at 10:00 AM CEST, the Economic Bulletin of the European Central Bank will be published.
One hour before, Luis de Guindos, Vice-President of the European Central Bank, will speak.
2. Spanish CPI; corporate results
Investors will be watching the Spanish inflation figure for April. An increase of 9.0% is expected.
The corporate earnings season continues. Today, Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Mastercard (NYSE:MA), among others, report their quarterly figures.
3. Cryptocurrencies recover positions
The cryptocurrency sector is in the green today. Bitcoin is trading at $39,000 and Ethereum at $2,800.
4. Asia and the US stock market
Positive signs today on the main Asian indices. Nikkei is up 1.5%. Hong Kong's Hang Seng gained 1.1% and the Shanghai Composite gained 0.2%.
On Wall Street, the market ended mixed yesterday. The S&P 500 (+0.2%), NASDAQ Composite (-0.01%) and Dow Jones (+0.19%) closed higher.
5. Macro data
Key macroeconomic benchmarks include Spain's business confidence, Germany's CPI, Italy's consumer confidence and industrial sales, Portugal's business and consumer confidence, as well as the Eurozone's business climate and consumer confidence.
In the US, we will see new jobless claims.
The South African stock market was closed on Wednesday due to a public holiday. South Africa Producer Price Index (PPI) will be released today.
Follow the day's events on our economic calendar: https://uk.investing.com/economic-calendar/