Will ECB's Decision Shake European Markets? - MMMK 071524
HTML-код
- Опубликовано: 13 июл 2024
- Last week's end brought mixed signals: Thursday's CPI numbers indicated lower inflation, suggesting deflationary pressure, while Friday's hotter-than-expected Producer Price Index (PPI) numbers contradicted that outlook. Earnings reports from JP Morgan, Wells Fargo, and Citibank also impacted the market, with Wells Fargo and Citibank taking hits despite strong earnings.
This week, 234 companies report, including financial giants Goldman Sachs and BlackRock on Monday, and Bank of America, Morgan Stanley, and United Health Group on Tuesday. Wednesday sees reports from US Bancorp, Johnson & Johnson, and United Airlines. Thursday features Netflix, American Airlines, and Taiwan Semiconductor, while Friday wraps up with American Express and Travelers Insurance.
Fed Chair Jerome Powell speaks Monday at noon at the Economic Club of Washington D.C., following the latest CPI and PPI data. Retail sales data, crucial for economic health, will be released Tuesday at 8:30 a.m. ET.
Additionally, the European Central Bank's rate decision and subsequent press conference on Thursday could stir markets, particularly for those trading European assets. This week promises significant market volatility and opportunities.
For more information, please visit tradingacademy.com