Reacting to Sonae accounts and 4 more things you need to know to start your day
Here, investors will interact with Sonae’s first quarter accounts. Overseas, in the United States, applications for unemployment benefits were released last week.
| Reaction to Sonae accounts |
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Today, the market will react to Sonae accounts submitted after Wednesday’s closing session.
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| economic activity in Portugal |
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Economic activity in Portugal slowed in February, both from a production, spending and domestic consumption perspective. The data is from the Economic Survey, which the National Statistical Institute (INE) will update on Thursday. The National Institute of Statistics also releases the Producer Price Index for the month of April.
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| Vice President of the European Central Bank speaking in Madrid |
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ECB Vice President Luis de Guindos will speak this Thursday at the PwC event in Madrid, at a time when the market is looking for indications of the future course of monetary policy.
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| Unemployment claims in the United States |
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The US Department of Labor releases unemployment claims numbers for the week ending May 13 today. The strength of the labor market has been one of the reasons given by the Federal Reserve for its continued tightening of monetary policy, and thus, investors always follow it closely.
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| The results continue abroad |
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Earnings season continues and today companies like Walmart, Alibaba, Burberry, and AMC have accounts.
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