A packed macro calendar is on deck this week, according to Odaily. Key releases include the United States' June Consumer Price Index and core CPI, China’s year-on-year GDP growth for the second quarter, and the Federal Reserve’s Beige Book on economic conditions. Fed Chair Warsh is also scheduled to appear before the House Financial Services Committee and the Senate Committee on Banking, Housing, and Urban Affairs for hearings on the Federal Reserve’s semiannual monetary policy report. On the earnings side, results are due from JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Wells Fargo, Morgan Stanley, TSMC and Netflix. The lineup puts both macro data and major corporate earnings in focus for the week.
Key releases this week
According to Odaily, the week’s major data and event calendar includes the US June Consumer Price Index and core CPI, China’s second-quarter year-on-year GDP growth, and the Federal Reserve’s Beige Book on economic conditions.
Fed testimony on the schedule
Fed Chair Warsh is set to appear before the House Financial Services Committee and the Senate Committee on Banking, Housing, and Urban Affairs for hearings on the Federal Reserve’s semiannual monetary policy report.
Earnings to watch
Companies scheduled to report include JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Wells Fargo, Morgan Stanley, TSMC and Netflix.
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