Thursday, January 23, 2025
HomeFinanceWhat To Expect in the Markets This Week | Global News Avenue

What To Expect in the Markets This Week | Global News Avenue

What To Expect in the Markets This Week

Main points

  • Bond markets were closed Monday for Veterans Day.
  • Several Fed officials are set to speak this week, with Chairman Jerome Powell speaking on Thursday and others slated to speak this week.
  • Market watchers will get information on October inflation when the consumer price index is released on Wednesday, along with retail sales and wholesale inflation data.
  • Home Depot, Walt Disney and Cisco are among the first companies scheduled to release quarterly financial results this week.

The bond market will be closed this week for the Veterans Day holiday, while the stock market will remain open. Afterwards, investors will get an updated view on the health of the U.S. economy from comments from several Fed officials. Chairman Jerome Powell will deliver an economy-focused speech on Thursday, and Minneapolis Fed President Nir Kashkari and St. Louis Fed President Alberto Mussalem are also scheduled to speak.

Investors will get the latest inflation data when October inflation data is released on Wednesday. Consumer Price Index (CPI)reports on wholesale-level inflation and retail sales are also due to be released soon.

Corporate earnings this week include Home Depot (HD), AstraZeneca (AZN), Cisco (China Association for Science and Technology) and Walt Disney (DIS). Bitcoin miner MARA Holdings (Mara) and nuclear power startup Oklo (OK) also plans to release a financial update.

Monday, November 11

  • Bond markets closed for Veterans Day
  • monday.com (Minnidi) and Aramark (ARMK)Report earnings

Tuesday, November 12

  • NFIB Small Business Optimism Index (October)
  • Senior Loan Officer Opinions of Bank Lending Practices Survey (SLOOS)
  • Minneapolis Fed President Neel Kashkari and Philadelphia Fed President Patrick Harker give a speech
  • Home Depot (HD), AstraZeneca (AZN), Shopping (shop), Spotify (point), Suncor Energy (they are), Occidental Petroleum Corporation (oxygen), and Mara Holdings (Mara) Report earnings

Wednesday, November 13

Thursday, November 14

  • Initial jobless claims (week ending November 9)
  • Producer Price Index (October)
  • Federal Reserve Chairman Jerome Powell and New York Fed President John Williams. give a speech
  • walt disney (DIS), Applied Materials Corporation (huge), Jingdong (Jingdong), and Oklo (OK) Report earnings

Friday, November 15

  • Import and export price index (October)
  • U.S. retail sales (October)
  • Empire State Manufacturing Survey (November)
  • Industrial production/capacity utilization (October)
  • Business inventories (September)
  • Alibaba (Baba) and Spectrum Brands (SPB) Report earnings

Market participants this week focus on CPI inflation, Powell comments, retail sales

The week begins on Monday for Veterans Day, a federal holiday in which bond markets will be closed but major stock markets will remain open.

Following last week Fed Following the decision to cut interest rates, investors will have a chance to get more perspective on the economy as several Fed officials will speak this week.

Headlining the list is Federal Reserve Chairman Jerome Powell, who will speak on the economy at an event at the Dallas Area Chamber of Commerce on Thursday. Minneapolis Fed President Nir Kashkari and St. Louis Fed President Alberto Mussalem are also likely to comment on the economy at this week’s event, while Dallas Fed President Lori Logan, Kansas City Fed President Jeffrey Schmid and Philadelphia Fed President Patrick Harker are also scheduled to comment on the economy at this week’s event. say.

Market watchers will have another important indicator of inflation this week, the Consumer Price Index (CPI) for October due on Wednesday. Following September’s report showing inflation Unexpectedly as high as 2.4%The latest economic indicators will show whether price pressures continue to move closer to the Fed’s 2% target. the next day, Producer Price Index (PPI) Will show how inflation affects wholesalers.

Economists will be watching U.S. retail sales data for October due on Friday to see whether consumers continue to perform better than expected. Economists predict retail sales rose 0.4% in September growth as evidence U.S. third quarter Gross Domestic Product (GDP) Likely to be stronger than previously forecast.

Investors focus on Home Depot, Cisco, Disney earnings

Several noteworthy retailers, drugmakers and technology companies are on this week’s corporate earnings calendar.

Home improvement retailer Home Depot will report third-quarter earnings on Tuesday A larger decline is expected throughout the year exist Comparable store sales Consumption trends are weak.

British drugmaker AstraZeneca, which will also report its financial results on Tuesday, continues to work on developing breast cancer treatments after its launch. Recent trial results disappointing.

Network infrastructure maker Cisco will report first-quarter fiscal 2025 results on Wednesday, the company announced 7% layoffs and earnings showing declines in both revenue and earnings.

On Thursday, Walt Disney will look to Its streaming service reports profits Although demand in the theme park business is trending downward, last quarter’s results were better than expected.

Chinese e-commerce giant Alibaba Group will report earnings on Friday Three-year government antitrust probehelping to boost the company’s stock price. Alibaba’s report comes after disappointing quarter Revenue falls short of expectations, profits decline. Another Chinese online retailer, JD.com, is due to release its quarterly financial report on Thursday.

Bitcoin miner MARA Holdings will report its post-funding earnings on Tuesday $250 million to buy more digital currencies More than 20,000 Bitcoins were added to its balance sheet.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments