What To Expect In The Markets This Week.

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Amara

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Jul 18, 2024
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Monday, August 12
New York Fed Consumer Inflation Expectations (July): This report will provide insights into consumer expectations for future inflation, which can impact consumer behavior and economic policy.

Tuesday, August 13
NFIB Small Business Optimism Index (July): A key indicator of small business sentiment and economic health.
Producer Price Index (July): Offers an update on wholesale inflation, critical for understanding pricing pressures in the economy.
Atlanta Fed President Raphael Bostic's Remarks: Bostic’s comments could provide additional insights into the Federal Reserve’s economic outlook.
Earnings Reports:
Home Depot (HD): Expected to post slight declines in sales and profits compared to last year due to consumer pullback on big-ticket items.

SunLife Financial (SLF): A key earnings report from the financial sector.

Wednesday, August 14
Consumer Price Index (July): This report will show whether consumer inflation continues to decrease, following a drop to a 3% annual rate in the previous month.

Earnings Reports:
Cisco Systems (CSCO): Earnings may highlight trends in tech infrastructure spending.

UBS AG (UBS): An important update from the financial sector.
Thursday, August 15

Initial Jobless Claims (Week Ending August 10): A key indicator of labor market health and economic resilience.

Empire State Manufacturing Index (August): Provides insights into manufacturing activity in New York state, a bellwether for the broader economy.

Philadelphia Fed Manufacturing Index (August): Another key indicator of manufacturing sector health.

Housing Market Index (August): A sentiment survey from home builders, crucial for understanding trends in the housing market.

Industrial Production and Capacity Utilization (July): Important metrics for gauging the health of the industrial sector.

Retail Sales (July): This report follows a strong June and will indicate whether consumer spending remains robust.

Business Inventories (June): Offers insights into inventory levels, which can impact future production and sales.

Earnings Reports:
Walmart (WMT): The nation’s largest retailer, expected to continue showing revenue growth and provide insights into consumer spending trends.

Alibaba Group (BABA): Important for understanding international retail trends, particularly in China.

Applied Materials (AMAT): Key insights into the tech sector.

John Deere (DE): An important earnings report for understanding trends in agriculture and construction equipment.

JD (JD): Another crucial report for international retail trends.

Remarks from Fed Officials:
St. Louis Fed President Alberto Musalem
Philadelphia Fed President Patrick Harker: Both could provide additional insights into the Federal Reserve’s economic outlook.

Friday, August 16
Housing Starts (July): This data will show whether the increase in construction from June continues, which could provide relief to the housing market.

Consumer Sentiment - Preliminary (August): This survey will provide an early look at consumer sentiment for August, critical for understanding consumer confidence and spending behavior.

Remarks from Chicago Fed President Austan Goolsbee: Goolsbee’s comments may offer further insights into the Federal Reserve’s policy direction.