Data in the US and 4 other things you need to know to start the day
Investors will learn new economic data in the United States this Thursday. In addition, new quarterly results and tourism data in Portugal are also released.
| How has tourism in Portugal evolved? |
| This Thursday, the National Statistics Institute (INE) releases estimates for the evolution of tourist activity in January. Last year, tourist accommodation establishments received 30 million guests and recorded 77.2 million overnight stays, values that translate into increases of 13.3% and 10.7%. Construction figures for the last quarter of 2023 are also published. |
| Retail sales in the United States |
| Data on retail sales in the US in February, as well as producer prices, are now known. After a higher-than-expected rise in inflation last month, investors will digest new data in an attempt to measure the “pulse” of the world’s largest economy. |
| North American employment in focus |
| It is also on the other side of the Atlantic that the numbers of new orders are known of unemployment benefits last week. These numbers will be watched carefully by investors, since employment is one of the points that the North American Federal Reserve (Fed) takes into account when deciding the course of monetary policy. |
| Adobe and Swiss Life present accounts |
| Adobe and Swiss Life present quarterly results this Thursday. In the case of the first company, the accounts refer to the first fiscal quarter of 2024, while in Swiss Life they refer to the year 2023. |
