Market news

Boston Fed president Rosengren: U.S. has "a lot more to do" to fix labor market with gap that is "quite large"

U.S. business inventories increase 0.6 percent in December

U.S. builder confidence unexpectedly improves in February

U.S.: Business inventories , December 0.6 (forecast 0.5%)

U.S.: NAHB Housing Market Index, February 84 (forecast 83)

U.S. industrial production grows more than forecast in January

Richmond Fed president Barkin sees return to normal business environment in latter third of the year

U.S. PPI rises more than anticipated in January

U.S. Stocks open: Dow -0.36%, Nasdaq -0.86%, S&P -0.63%

Before the bell: S&P futures -0.19%, NASDAQ futures -0.55%

U.S.: Industrial Production YoY , January -1.8%

U.S.: Capacity Utilization, January 75.6 (forecast 74.8%)

U.S.: Industrial Production (MoM), January 0.9 (forecast 0.5%)

Wall Street. Stocks before the bell

U.S. retail sales rise much-more-than-forecast in January

Canada’s annual inflation accelerates more than expected in January

U.S.: Retail Sales YoY, January 7.43

Canada: Bank of Canada Consumer Price Index Core, y/y, January 1.6 (forecast 1.4%)

Canada: Consumer Price Index m / m, January 0.6 (forecast 0.4%)

U.S.: PPI excluding food and energy, m/m, January 1.2 (forecast 0.2%)

Canada: Consumer price index, y/y, January 1 (forecast 0.9%)

U.S.: PPI excluding food and energy, Y/Y, January 2 (forecast 1.1%)

U.S.: PPI, m/m, January 1.3 (forecast 0.4%)

U.S.: PPI, y/y, January 1.7 (forecast 0.9%)

U.S.: Retail sales excluding auto, January 5.9 (forecast 1%)

U.S.: Retail sales, January 5.3 (forecast 1.1%)

European session review: USD appreciates amid renewed inflation worries

S&P 500 Index: A 10% correction is ‘very plausible’ - Citibank

Commodities to see meagre long-term returns - Capital Economics

U.S. weekly mortgage applications decrease 5.1 percent

Company News: American International Group (AIG) quarterly earnings slightly beat analysts’ forecast

USD/JPY could extend the upside to the 106.70 region - UOB

UK's PM Johnson: We will set out steps to move out of lockdown on February 22

Germany's health minister Spahn: 10 mln vaccine doses will be delivered next week in Germany - Reuters

Spain's government debt rose to 117.1% of GDP in 2020

AUD/USD: Improving terms of trade support stronger aussie – MUFG

Eurozone сonstruction output fell sharply in December

Eurozone: Construction Output, y/y, December -2.3%

USD: FOMC Minutes to center on these 2 elements - Barclays

USD/CNH: Potential rebound to 6.4500? – UOB

10% сorrection in U.S. stocks is ‘very plausible’ - Citigroup

NZD/USD: Retracement spurred by rising US bond yields to be temporary – ANZ

BOJ should tailor ETF purchases to reduce distortions - government panel member

Asian session review: the dollar rose against most major currencies

USD: FOMC minutes to reflect it's premature to talk about tapering - Citi

UK consumer price index rose more than expected in January

Options levels on wednesday, February 17, 2021

United Kingdom: Retail Price Index, m/m, January -0.3 (forecast -0.4%)

United Kingdom: Retail prices, Y/Y, January 1.4 (forecast 1.3%)

United Kingdom: Producer Price Index - Input (MoM), January 0.7% (forecast 0.5%)

United Kingdom: Producer Price Index - Input (YoY) , January 1.3% (forecast 0.6%)

United Kingdom: HICP ex EFAT, Y/Y, January 1.4

United Kingdom: Producer Price Index - Output (MoM), January 0.4% (forecast 0.2%)

United Kingdom: Producer Price Index - Output (YoY) , January -0.2% (forecast -0.4%)

United Kingdom: HICP, m/m, January -0.2 (forecast -0.4%)

United Kingdom: HICP, Y/Y, January 0.7 (forecast 0.6%)

Commodities. Daily history for Tuesday, February 16, 2021

Schedule for today, Wednesday, February 17, 2021

Currencies. Daily history for Tuesday, February 16, 2021

Japan: Trade Balance Total, bln, January -323.9 (forecast -600)

Japan: Core Machinery Orders, y/y, December 11.8 (forecast -3%)

Japan: Core Machinery Orders, December 5.2 (forecast -6.2%)

U.S.: Net Long-term TIC Flows , December 121

U.S.: Total Net TIC Flows, December -0.6

Schedule for tomorrow, Wednesday, February 17, 2021

DJIA +0.25% 31,538.53 +80.13 Nasdaq -0.27% 14,058.06 -37.41 S&P +0.03% 3,935.96 +1.13

European stocks closed: FTSE 100 6,748.86 -7.25 -0.11% DAX 14,064.60 -44.88 -0.32% CAC 40 5,786.53 +0.28 +0.00%

President Biden believes U.S. on track to exceed his goal of 100 mln vaccines in the first 100 days