This Week’s Economic Releases: Big Bank Earnings, Inflation Data & More
This week, China's GDP, Japan's CPI, big bank earnings, and other major releases are expected to take place, possibly reflecting the state of the economy so far in 2024.
This week, China's GDP, Japan's CPI, big bank earnings, and other major releases are expected to take place, possibly reflecting the state of the economy so far in 2024.
Major US bank earnings for Q4 are expected to be mixed as higher costs, and subdued lending may have weighed on profits despite some potentially benefiting from higher interest rates. The upcoming reports on Friday, January 12, can provide important insights into the 2024 economic outlook.
China and US CPI, UK GDP, and big bank earnings are all set to take place this week. What can traders and investors expect?
In 2023, markets were volatile as economic challenges clashed with some optimism. NVIDIA, C3.AI, and Microsoft soared on AI, while Big Banks and key commodities struggled.
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