Posted 2/26/2024, 7:50:37 AM
Economic Data and Corporate Earnings to Gauge Growth Concerns Amid Central Bank Policy Moves
- Eurozone CPI and manufacturing PMIs to be released, indicating economic trajectory amid rate cut speculation
- US manufacturing PMI, PCE index, and major tech earnings reports to provide outlook on soft landing hopes
- China manufacturing PMI to signal economic recovery and demand after stimulus measures
- Bank of Japan watching yen weakness and possible need to intervene in forex markets
- RBNZ expected to lift NZ interest rates again, further pressuring local stocks but boosting NZD