Week ahead: Big US bank earnings; PepsiCo; Consumer confidence; inflation
JPMorgan Chase, Citigroup, Wells Fargo and Bank of New York Mellon kick off the earnings season alongside PepsiCo.
US stocks are seen extending their recent run of record highs after US jobs growth moderated in June, while the unemployment rate rose slightly.
Plus, look out for consumer confidence figures both sides of the Atlantic, and inflation from China.
(AI Video Summary)
Earnings season and economic data
The "Week ahead" is packed with significant financial events and data releases. The US enters earnings season with major banks reporting, gaining focus amid low market volatility. Key economic data include US, German, and UK inflation numbers, trade balances, and US crude oil inventories, potentially impacting oil prices and inflationary trends.
Interest rates and consumer sentiment
Interest rates and consumer sentiment indicators across various countries will also be closely watched, giving insights into future monetary policies and economic outlooks. The political backdrop includes discussions on a recent UK election and its implications on markets.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Act on share opportunities today
Go long or short on thousands of international stocks with spread bets and CFDs.
- Get full exposure for a comparatively small deposit
- Trade on spreads from just 0.1%
- Get greater order book visibility with direct market access
See opportunity on a stock?
Try a risk-free trade in your demo account, and see whether you’re on to something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See opportunity on a stock?
Don’t miss your chance – upgrade to a live account to take advantage.
- Trade a huge range of popular stocks
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See opportunity on a stock?
Don’t miss your chance. Log in to take advantage while conditions prevail.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
