WHAT TO EXPECT IN THE MARKETS THIS WEEK

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Amara

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Jul 18, 2024
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Key Events:
Inflation Data: The August Consumer Price Index (CPI) and Producer Price Index (PPI) will provide important inflation insights ahead of the Federal Reserve's upcoming meeting. The Fed's decision on rate cuts could be influenced by this data.

Apple Product Launch: Apple is expected to unveil the iPhone 16 with AI features at its Monday event. The launch will also include new versions of the Apple Watch and AirPods.

Goldman Sachs Technology Conference: Tech giants like Nvidia, Walmart, and AMD will participate in this four-day event, with top executives delivering keynote addresses.

Corporate Earnings Reports: GameStop’s earnings will be a highlight this week, alongside Oracle, Adobe, Kroger, and Oxford Industries.

Economic Data Release Schedule:
Monday (Sept. 9): Consumer credit and wholesale inventory reports.
Wednesday (Sept. 11): CPI report for August.

Thursday (Sept. 12): PPI data and initial jobless claims.

The CPI and PPI reports will provide essential insights into inflation trends, shaping expectations ahead of the Fed's September 17-18 meeting.