• Weekly Market Report

The Week Ahead

The economic calendar picks up this week with new U.S. releases due out on job openings, consumer and producer prices, retail sales, and industrial production.

The Fed previously reported that U.S. industrial production increased 4.0% from Dec 2017 through Dec 2018, and positive manufacturing PMI numbers have been signaling continued growth ahead. Overseas, we’ll get new reports on EU and Indian industrial production, as well as Chinese consumer and producer price inflation. Investors will also be paying close attention to speeches by the presidents of the Kansas City and Cleveland Federal Reserve Banks, along with the latest Brexit developments. A planned vote for this week may well get delayed according to a report from the Telegraph: “Theresa May is preparing to delay a second vote on her deal until the end of February, a month before Britain is scheduled to leave the EU, in a move which ministers believe means an extension of Article 50 is now inevitable.” Have a great week and don’t miss next week’s ISRI Market Report for a recap of the week’s key economic, trade, commodity, and scrap market highlights!


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