The markets, which will have learned of the Fed’s monetary policy decision on Wednesday evening, will consider the case of the Bank of England. To follow also some statistics and publications of companies.
After the Fed, it will still be a question of interest rates and the economy this Thursday on the stock market | photo credits: shutterstock
No respite for the markets. After the announcement of the long-awaited Fed monetary policy decision on Wednesday evening, the high point of this week, Thursday’s agenda will be loaded with economic statistics and corporate publications.
The program will begin in France, with the monthly business survey in industry, commerce and services, and the business climate indicator for September. It will then be the turn of the European Central Bank to publish its economic bulletin. Place, at the end of the morning, the consumer confidence index of the euro zone for the month of September. It is expected to decline, to -25.5 points.
Investors will not be done with monetary policy issues, however, as the Bank of England delivers its verdict on the matter at 1 p.m. (the meeting was postponed for a week for the funeral of Queen Elizabeth II) . Much earlier in the day, the Bank of Japan engaged in the same exercise. It unsurprisingly left its monetary policy unchanged, confirming its ultra-accommodating anchor.
Publications continue
Direction the United States in the afternoon, where a salvo of statistics will await the operators. First of all the current account for the second quarter, expected to show a deficit of 260 billion dollars. Above all, we will wait for the new weekly jobless claims, which are expected to rise from 4,000 to 217,000. The Conference Board’s index of leading indicators for the month of August is expected to drop by a symbolic 0.1% by the Bloomberg consensus; finally, the September manufacturing survey as presented by the Kansas City Fed should show a rise of 2 points in its index, to 5.
On the publications side, many of the results of the first semester are on the program. We will monitor in particular those from Altenbut also, in the digital consulting sector, announcements Infotel, Micropole and SQLI. The supplier for the automotive industry Akwell and biotech Ose Immunotherapeutics will also return their copies at the end of June.
NH