What to Watch in the Day Ahead - Friday, February 7

Kimco Realty

06/02/2025 19:30

(The Day Ahead is an email and PDF publication that includes the day's major stories and
events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can
register at  DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT)
The U.S. Labor Department's closely watched employment report is expected to show that in
January, nonfarm payrolls increased by 170,000 jobs after recording a rise of 256,000 jobs in
December. Private payrolls probably rose by 141,000 jobs, compared with 223,000 jobs in the
prior month. Meanwhile, the unemployment rate is likely to come in at 4.1% in January, similar
to prior month's reading. Additionally, average hourly earnings likely inched up 0.3% in
January, while, on annual basis, average hourly earnings is forecast to have risen 3.8% after
posting a 3.9% growth in December. Also, the Commerce Department's Census Bureau is expected to
report that wholesale inventories fell 0.5% in December, matching previous month’s figure.
Separately, the preliminary reading of the University of Michigan's consumer sentiment index for
February is likely to remain unchanged at 71.1. 

Federal Reserve Board Governor Michelle Bowman is expected to speak on bank regulation before
the 2025 Wisconsin Bankers Association Bank Executives Conference in Milwaukee. (0925/1425)
Meanwhile, Fed Board Governor Adriana Kugler is due to speak on "Entrepreneurship and Aggregate
Productivity" before the 2025 Miami Economic Forum in Miami. (1200/1700) 

Cboe Global Markets is set to release its fourth-quarter results. Analysts expect a rise in
profit.

Kimco Realty is expected to post a rise in fourth-quarter revenue, helped by strong demand for
rental spaces. Investors will look out for 2025 forecast and comments on competition in
commercial space leasing.

Sam Altman, co-founder and CEO of OpenAI, is slated to participate in a panel at the Technical
University Berlin on artificial intelligence.

Belgium-based cement producer Titan America is expected to list its shares on the New York Stock
Exchange, seeking a valuation of up to $3.32 billion.

Cable providers Comcast and Charter Communications are set to defend at a trial against
allegations that their software infringes patents owned by software developer Touchstream
related to streaming videos from one screen to another. 

Biocon and Viatris' Mylan is set to ask a U.S. appeals court to overturn a ruling that their
proposed biosimilars of Regeneron's blockbuster eye-care drug Eylea would infringe Regeneron's
patents.

Statistics Canada is expected to show that the Canadian economy likely added 25,000 jobs in
January, after recording a rise of 90,000 jobs in December. Meanwhile, the unemployment rate
probably inched up to 6.8% in January from 6.7% in December.

In Latin America, Brazil's inflation, as measured by the IGP-DI price index, is expected to have
increased 0.08% in January, following a 0.87% rise in the previous month. Additionally, the
country’s trade ministry is due to report that trade surplus likely shrank to $3.015 billion in
January, from $4.803 billion in the prior month. Meanwhile, Mexico’s consumer prices for January
is expected to rise 0.31% and 3.61% on annual basis. Core consumer price index is likely to have
increased 0.45% last month. Meanwhile, the country's January PPI figures are also due for
release. Chile’s statistics agency, INE, is expected to report that consumer prices rose 0.9% in
January. Additionally, the country is likely to post a trade surplus of $2.62 billion for
January, up from a surplus of $2.39 billion posted in December. 

LIVECHAT-REUTERS GLOBAL MARKETS FORUM
Week in review with Jamie McGeever, Reuters markets columnist, to recap the major themes and
events in financial markets and preview the week ahead. (0900/1400) To join the conversation,
click here


 (Compiled by Lactus Fernandes in Bengaluru; Edited by Sahal Muhammed)
 ((Lactus.Fernandes@thomsonreuters.com;))