5 Things to watch in this week's markets

5 Things to watch in this week's markets

Concerns over elevated inflation, rising tensions between Moscow and the West over Ukraine, and speculation about monetary policy look set to keep investors on edge in the coming holiday-shortened week.

Here's what you need to know to start your week:

1. Diplomatic Market efforts

On Monday, the U.S. market will be closed for the Presidents' Day holiday however, investors are likely to be facing another topsy-turvy week as fears over a potential Russian invasion of Ukraine underpins demand for safe-haven assets.

Russian President Vladimir Putin and President Joe Biden of the United States have accepted in principle a French proposal for a diplomatic summit, potentially offering new how for a peaceful solution to pull Russia and Ukraine from war.

2. Retail earnings

Consumers are back in focus after a strong rebound in January retail sales. However, a string of earnings results from major retailers this week will indicate how surging inflation currently affects spending.

Among those scheduled to report fourth-quarter results during the week included Home Depot (NYSE:HD), Lowe's (NYSE:LOW), Macy's (NYSE:M), and Foot Locker (NYSE:FL). Other companies reporting earnings include Beyond Meat (NASDAQ:BYND) and Alibaba (NYSE:BABA).

3. Stock of the week

Shares of the company Crown Holding (NYSE:CCK), which makes beverage and food packaging has gained 4% last week after displaying defensive growth characteristics last month when management posted quarterly profit that surpassed estimates.

In the fourth quarter of 2021, Crown earned $1.66 a share as revenue increased 24% from the previous year to $3.05 billion with Wall Street Analysts seeing value in the company.

4. Tesla scrutiny

Tesla Inc. is facing a review in Germany over an autopilot feature, as regulatory scrutiny intensifies into the carmaker's driver-assistance technology posing a risk to Tesla's commercialization.

Last week, the U.S. National Highway Traffic Safety Administration opened its second probe into a possible Autopilot defect, while Germany's federal motor vehicle office KBA is currently investigating Tesla's automated lane-change function and whether it's approved for use in Europe.

5. Crypto's second winter

Co-founder of the Ethereum blockchain Vitalik Buterin recently said the digital-asset universe may benefit from the current retreat in coin prices that's cast a chill on investors and is being referred to as another crypto winter.

During an interview with Bloomberg Buterin said, "the people who are deep into crypto, and especially building things, a lot of them welcome a bear market." Since the last "crypto winter" in 2018, the sector has boomed with Buterin adding that a crypto winter can also help those who are building projects in crypto focus on improving the technology.

To learn more about stock trading and investments visit MEXEM.

Live News

Market Movers

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.