Alberto Biolzi * (Il Sole 24 Ore Thomson Plus) – Milan, August 22 – The focus of investors this week will be ‘definitely on the testimony of Janet Yellen, president of the Federal Reserve symposium in Jackson Hole on Friday’ August 26 , a few weeks after the FOMC (Federal Open Market Committee) meeting on 21 September. They will seek information about the next Fed move, in the face of uncertainty within the monetary policy committee. The season of quarterly results and ‘almost’ complete and, in general, the signs have been quite encouraging. The revision downward trend of earnings estimates could, at least in the short, slow down, but uncertainties remain high for the coming quarters. The macro events will become, therefore, more and more ‘important. Eurozone will be published in the confidence surveys, with the PMI indices (flash estimates of August) and the German Ifo index. Of interest are also the German retail sales, the details of the German GDP and the growth of the money supply in the Eurozone. In the United States, we will be published some of Immobiliare data (new home sales and existing), orders for durable goods and the second reading of second-quarter GDP (which will ‘presumably revised downwards)
* Advisory Manager of Cassa Lombarda “the content of the news and information transmitted under the title” Word to the market “can not in any circumstances be considered a solicitation to the public or promotion of any form of investment it ‘personalized recommendations to any form financing. the analysis contained in the information transmitted in the specific address book are drawn from the company ‘to which the entity specifically designated as author. the news agency Il Sole 24 Ore Thomson disclaims all responsibility’ as to the veracity ‘, accuracy and completeness these analyzes and then invites users to take note with care and due diligence of the above stated and represented by the company ‘. “
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(RADIOCOR) 22-08 -16 15:28:33 (0275) 5 NNNN
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