WHAT TO EXPECT IN THE MARKETS THIS WEEK.

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Amara

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Jul 18, 2024
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Big Bank Earnings (Friday, Oct 11): Major financial firms such as JPMorgan Chase, Wells Fargo, BlackRock, and Bank of New York Mellon will release their Q3 earnings. Delta Air Lines and PepsiCo will also report earnings earlier in the week.

Tesla’s Robotaxi Reveal (Thursday, Oct 10): Tesla is expected to showcase its self-driving robotaxi, providing insights into its autonomous technology and potentially unveiling a ride-sharing app.

Inflation Data (Thursday, Oct 10): The Consumer Price Index (CPI) for September will be released, offering a view on whether inflation continues to cool and what this means for Federal Reserve policy.

Federal Reserve Speakers (Throughout the week):

Monday, Oct 7: Atlanta Fed President Raphael Bostic, Minneapolis Fed President Neel Kashkari, and St. Louis Fed President Alberto Musalem will speak.
Tuesday, Oct 8: Atlanta Fed President Bostic will speak again.

Wednesday, Oct 9: Several Fed officials, including Atlanta Fed President Bostic, Dallas Fed President Lorie Logan, and Chicago Fed President Austan Goolsbee, will deliver remarks. The Fed’s September meeting minutes will also be released.

Thursday, Oct 10: New York Fed President John Williams will speak.

Friday, Oct 11: Federal Reserve Gov. Michelle Bowman, Chicago Fed President Austan Goolsbee, and Dallas Fed President Lorie Logan will give remarks.
Additional economic data releases include consumer credit (Monday, Oct 7), jobless claims (Thursday, Oct 10), and the producer price index (PPI) and consumer sentiment (Friday, Oct 11). These reports could further influence market sentiment.