{"id":293273,"date":"2020-05-11T04:09:16","date_gmt":"2020-05-10T18:09:16","guid":{"rendered":"https:\/\/www.gomarketingteam.com\/articles\/week-ahead-reopening-of-the-plunging-economies\/"},"modified":"2021-02-19T12:13:50","modified_gmt":"2021-02-19T01:13:50","slug":"week-ahead-reopening-of-the-plunging-economies","status":"publish","type":"post","link":"https:\/\/www.gomarkets.com\/en\/weekly-summaries\/week-ahead-reopening-of-the-plunging-economies\/","title":{"rendered":"Week Ahead – The Reopening of the Plunging Economies"},"content":{"rendered":"

By Deepta Bolaky<\/strong>
\n\u00a0@DeeptaGOMarkets<\/a><\/p>\n

While investors might find solace in reopening plans for global economies, they are also bracing for a series of economic reports, which will reiterate the global economic turmoil created by the pandemic. Caution will prevail over the renewed optimism as investors will be getting back to a \u201cnew normal\u201d as governments cannot risk the global economy shutting down again.<\/p>\n

The Reopening \u2013 How and When?<\/strong><\/h4>\n

The \u201cGreat Lockdown\u201d has caused an unprecedented economic pain which has put tremendous pressures on governments to unveil reopening plans with differences of opinions over how<\/strong>, when<\/strong> and which<\/strong> businesses should resume.<\/p>\n

World leaders are faced with tough decisions trying to manage an unparalleled health crisis and an economic crisis. As governments keep unveiling plans and updates, investors will likely monitor the stages of easing lockdown restrictions against a barrage of economic data to gauge the pace of global recovery.<\/p>\n

Economic Data \u2013 Inflation and Retail Sales<\/strong><\/h4>\n

There is no doubt that markets participants are bracing for grim economic reports. The labour market reports in major economies have been shattering. In the US, total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7%, wiping out a decade of growth.<\/p>\n

This week, Inflation, Retail Sales and Gross Domestic Product will be closely monitored to further gauge the impact of the novel coronavirus. China\u2019s Retail Sales and Industrial Production will be eyed. April figures are expected to confirm the economic recovery and may also help determine the pace of recovery for the world\u2019s second-largest economy, which was the first country severely hit by the pandemic.\u00a0<\/strong><\/p>\n

Earnings Season<\/strong>\u00a0<\/strong><\/h4>\n

The last few weeks saw leaders of key industries report their quarterly results. This week the calendar will be less packed as the earnings season is winding up. The first-quarter earnings results have so far not dented the bounce in the broad stock market. Under Armour, Marriott International, and Cisco Systems will be among those reporting earnings this week.<\/p>\n

Monday<\/strong><\/h5>\n

Under Armour<\/strong>\u00a0<\/strong>
\nUnder Armour, Inc.\u00a0(NYSE: UA, UAA) will release the results of its first quarter (ended\u00a0March 31, 2020) on\u00a0Monday, May 11, 2020\u00a0at\u00a06:55 a.m. Eastern Daylight Time.\u00a0Following the news release,\u00a0Under Armour management will host a conference call at approximately\u00a08:30 a.m. ET\u00a0to review results.<\/em>\u00a0<\/strong><\/p>\n

Marriott International<\/strong>
\nMarriott International, Inc. (NASDAQ: MAR) will report first-quarter 2020 earnings results on Monday, May 11, 2020, at approximately 7:00 am Eastern Time (ET).\u00a0 The company will hold a conference call for the investment community on the same day at 8:30 am ET.\u00a0 <\/em>\u00a0<\/strong><\/p>\n

Tuesday<\/strong>\u00a0<\/strong><\/h5>\n

Toyota Motor<\/strong>
\nOn May 12, Toyota Motor Corporation (TMC) will live stream its financial results press conference for the fiscal year ended March 31, 2020. The financial results themselves will be disclosed at 13:10 JST.<\/em>\u00a0<\/strong><\/p>\n

Wednesday<\/strong><\/h5>\n

Cisco Systems <\/strong>
\nCisco has scheduled a conference call after the close of the market on Wednesday, May 13, 2020, at 1:30 PM (PT); 4:30 PM (ET) to announce its third-quarter fiscal year 2020 financial results\u00a0for the period ending Saturday, April 25, 2020.<\/em>\u00a0<\/strong><\/p>\n

Thursday<\/strong><\/h5>\n

Applied Materials<\/strong>
\nApplied Materials, Inc. (NASDAQ: AMAT) will hold a webcast to discuss its second quarter of fiscal 2020 financial results on Thursday, May 14, 2020 at 4:30 p.m. ET \/ 1:30 p.m. PT.<\/em><\/p>\n

Friday<\/strong><\/h5>\n

JD.com<\/strong>
\nJD.com, Inc. (NASDAQ: JD), China\u2019s leading technology-driven e-commerce company transforming to become the leading supply chain based technology and service provider, will release its unaudited first quarter 2020 financial results on Friday, May 15, 2020, before the market opens. The company\u2019s management will hold a conference call at 7:30 am, Eastern Time on May 15, 2020, (7:30 pm, Beijing\/Hong Kong Time on May 15, 2020) to discuss the first quarter 2020 financial results.<\/em><\/p>\n

DraftKings<\/strong>
\nDraftKings Inc. (Nasdaq: DKNG), will release DraftKings\u2019 and SBTech\u2019s first quarter 2020 results, achieved prior to the close of the companies\u2019 business combination with Diamond Eagle Acquisition Corp., prior to 8:30AM EDT on May 15, 2020. At 8:30 AM EDT on the same day, DraftKings will host a conference call to discuss the results.<\/em><\/p>\n

Key Events Ahead<\/strong><\/h4>\n

Tuesday<\/strong>
\nREINZ\u00a0House Price Index (New Zealand)
\nConsumer & Producer Price Index and Foreign Direct Investment (China)
\nLeading Economic Index (Japan)
\nConsumer Price Index and Monthly Budget Statement (US)<\/p>\n

Wednesday<\/strong>
\nBRC Like-For-Like Retail Sales (UK)
\nGross Domestic Product (Japan)
\nWestpac Consumer Confidence, and Wage Price Index (Australia)
\nRBNZ Rate Statement, Interest Rate Decision, Monetary Policy Statement and Press Conference (New Zealand)
\nIndustrial & Manufacturing Production, and Gross Domestic Product (UK)
\nIndustrial Production (Eurozone)
\nProducer Price Index (US)
\nEIA Crude Oil Stocks (US)<\/p>\n

Thursday<\/strong>
\nBudget Release (New Zealand)
\nConsumer Inflation Expectations, Full Time Employment, Employment Change, Participation Rate, and Unemployment Rate (Australia)
\nHarmonized Index of Consumer Prices (Germany)
\nEconomic Bulletin (Eurozone)
\nInitial Jobless Claims (US)<\/p>\n

Friday<\/strong>
\nBusiness NZ PMI (New Zealand)
\nNBS Press Conference, Industrial Production and Retail Sales (China)
\nGross Domestic Product (Germany)
\nEmployment Change and Gross Domestic Product (Eurozone)
\nRetail Sales, Industrial Production and Michigan Consumer Sentiment Index (US)
\nRetail Sales (Canada)<\/p>\n

By Deepta Bolaky<\/strong>
\n\u00a0@DeeptaGOMarkets<\/a>
\n<\/a><\/p>\n\n\n\n\n\n\n\n
Tuesday, 12 May 2020<\/strong>\u00a0<\/strong>
\n<\/strong>Indicative Index Dividends
\nDividends are in Points<\/sup><\/em><\/td>\n<\/tr>\n
ASX200<\/strong><\/td>\nWS30<\/strong><\/td>\nUS500<\/strong><\/td>\nUS2000<\/strong><\/td>\nNDX100<\/strong><\/td>\nCAC40<\/strong><\/td>\nSTOXX50<\/strong><\/td>\n<\/tr>\n
0<\/td>\n5.967<\/td>\n0.493<\/td>\n0.084<\/td>\n0.094<\/td>\n1.258<\/td>\n0<\/td>\n<\/tr>\n
ESP35<\/strong><\/td>\nITA40<\/strong><\/td>\nFTSE100<\/strong><\/td>\nDAX30<\/strong><\/td>\nHK50<\/strong><\/td>\nJP225<\/strong><\/td>\nINDIA50<\/strong><\/td>\n<\/tr>\n
0<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/a><\/p>\n

Disclaimer: Articles and videos from GO Markets analysts are based on their independent analysis. Views expressed are of their own and of a \u2018general\u2019 nature. Advice (if any) are not based on the reader’s personal objectives, financial situation or needs. \u00a0Readers should, therefore, consider how appropriate the advice (if any) is to their objectives, financial situation and needs, before acting on the advice. For more information of trading, check out our forex trading courses<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By Deepta Bolaky \u00a0@DeeptaGOMarkets While investors might find solace in reopening plans for global economies, they are also bracing for a series of economic reports, which will reiterate the global economic turmoil created by the pandemic. Caution will prevail over the renewed optimism as investors will be getting back to a \u201cnew normal\u201d as governments […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[128],"tags":[],"yoast_head":"\nWeek Ahead - The Reopening of the Plunging Economies - GO Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gomarkets.com\/en\/weekly-summaries\/week-ahead-reopening-of-the-plunging-economies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week Ahead - The Reopening of the Plunging Economies - GO Markets\" \/>\n<meta property=\"og:description\" content=\"By Deepta Bolaky \u00a0@DeeptaGOMarkets While investors might find solace in reopening plans for global economies, they are also bracing for a series of economic reports, which will reiterate the global economic turmoil created by the pandemic. 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