Week Ahead starting 17/7/23: Goldman Sachs; Bank of America; Tesla; UK CPI; trade
The Q2 earnings season gets into full swing with Goldman Sachs, Bank of America, and Tesla just some of the big names reporting.
Plus, potential fx volatility could come from trade figures from China, UK inflation, and the RBA minutes.
(Video Transcript)
Look ahead to the week starting the 17th of July 2023. We'll be joined shortly. Exactly. Example would off in just a second. But first, let's take you through a jam-packed schedule for next week. Of course, is all about earnings, but there's plenty of economic data as well. China out with second quarter GDP growth rate numbers.
Monday
Industrial production also in focus, as well as retail sales and the unemployment there. As you already know, China has been struggling with softening mood music from its economic front. And it would be no surprise if officials there did come up with more support and we're looking out for that for you. On the US side, we have the new Empire State Manufacturing Index.
Tuesday
And then on Tuesday, it's also going to be a rather hefty day with the minutes from the RBA. The Consumer Price Index out of Canada, inflation painfully high.
Wednesday
There, as well as retail sales numbers from the US and API, crude oil inventories and industrial production numbers to then mid-week look out for more data out of the US building permits this time and the EIA crude oil inventories and from the UK Consumer Price index data could be something that would give us more volatility on the Footsie and sterling as well.
Thursday
We also get producer price numbers and the retail price index in the latter half of the week. Look out for trade balance numbers from Japan, low crime rates in China as well as more data out of Germany and the United States as well.
Friday
Then on Friday, it's also a very busy day. We've got the consumer confidence numbers out of the United Kingdom, retail sales, consumer price index out of Japan and the Baker Hughes oil rig count.
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