After the interest rate decisions of the past week, new DAX® all-time highs and the triple witches’ sabbath on Friday, the coming week will continue happily. The stock exchange week is characterized by important economic data – we have summarized the most important dates for you:
Monday
In commemoration of the liberation of the African-American population of the United States from slavery, the stock exchanges in the USA remain closed and therefore few dates are scheduled for the start of the week in the rest of the world as well. For the electricity markets, however, the meeting of European energy ministers could be relevant. At this, a general approach to the reform of the design of the EU electricity market is to be discussed.
Tuesday
After the break on Monday, the companies start up again. To begin with, investors are expecting the German producer prices for April 2023.
The general meeting of the pharmaceutical research company Evotec follows at around 10:00 a.m., as well as the current account of April 2023 of the euro area. The general meetings of General Motors and Dell are also on the agenda. The courier and logistics company FedEx will then come up with the quarterly figures for the quarter of the financial year 2023 (March to May 2023) at the close of the US stock market.
Wednesday
Both the general meetings of the technology division of Ebay and Nagarro, as well as the automotive division with Daimler Trucks are relevant for those interested in the stock exchange on Wednesday. A visit to Volkswagen is also worthwhile. The Wolfsburg-based company is organizing the Capital Markets Day 2023, during which new strategies, information on new working groups and updates on the technology platform will be presented.
Across the Channel, UK government debt, producer and consumer prices for May 2023 will be released.
MBA mortgage applications from the US could also send fresh market impetus – these are expected around 13:00 German time, as well as the weekly API oil report.
Thursday
Thursday will be technology-heavy again with the general meetings of GFT Technologies, Scout24 and Nvidia. The DNA/RNA analysis specialist Qiagen also holds its general meeting in Venlo.
On the economic data side, we get the US initial jobless claims, the current account for Q1 2023, as well as the number of resold houses and the leading indicator of the Conference Board for May. The EIA oil report is also published every week.
The outlook for the Turkish interest rate decision also remains exciting. This will be announced around 1:00 p.m.
Friday
Even before the stock market opens, it will become clear whether the Hornbach shareholders, true to the well-known jingle “yippie yippie yay”, have reason to celebrate on Friday. The hardware store company publishes the quarterly figures for the first quarter of 2023. The optics branch of Osram “ams” holds the annual general meeting. For the economists among the investors, there are also some new key figures. Not only the Purchasing Managers Indices for the entire euro zone are published, but also the country-specific PMIs of Germany, France, Japan, the USA and Great Britain. Finally, GfK Consumer Confidence should also be mentioned, which is also to be published for Great Britain.
That’s it for the weekly outlook – you can also find stock market reading for your weekend on our homepage. It doesn’t matter whether it’s hot news, specialist articles in our academy or the live webinars by Julius Weiß and Jörg Scherer.
There is something for every investor on the HSBC certificates homepage. You can take a look directly via the following link:
When purchasing certificates and leverage products, investors should familiarize themselves with how they work and be aware of the opportunities and risks. Investors should be aware of the increased risks associated with leverage products in particular. In addition, it is essential to pay attention to the creditworthiness and thus to the default risk of the issuer. You can obtain further important information worth knowing about our products by calling the toll-free number 0800 4000 910 or on our website www.hsbc-zertifikate.de.
Source: HSBC