Week Ahead: German and US CPI | Greggs' ambitious expansion | easyJet ready to soar?
Good morning and welcome to the Week Ahead, your weekly destination for discussion and analysis of the largest stocks in the UK and overseas.The major macroeconomic news last week was that the UK’s GDP figures surpassed expectations, growing by 0.6% in the first quarter of 2024, the strongest in nearly three years, ending a recessionary phase. This positive performance has buoyed investor confidence and has sent our leading indices to all-time highs. While welcomed by Prime Minister Rishi Sunak as a sign of economic recovery, it has sparked debates over monetary policy, with speculation about the commencement of rate cuts despite remaining concerns over inflation. However, with Bank of England committee members starting to vote in favour of rate cuts, we might be seeing renewed investor confidence and the beginning of a UK stock market turnaround. This week we have German CPI announcements on Tuesday, followed by the US CPI print on Wednesday, so be prepared for some volatility on these days! Companies reporting Day Big UK earnings US company reportingEU company reporting Monday…
Source: https://www.stockopedia.com/content/week-ahead-german-and-us-cpi-greggs-ambitious-expansion-easyjet-ready-to-soar-996938/
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