Big week for stock earnings. Advance GDP to be released
In addition to a slew of big-name earnings including Apple, Amazon, Google the key economic releases and events for next week include:
Monday, July 27
- US durable goods, 8:30 AM ET/1230 GMT
Tuesday, July 28
- RBA assistant governor can’t speaks at 8 PM ET, Monday/0030 GMT
- Spanish unemployment rate, 3 AM ET/0700 GMT
- US consumer confidence, 10 AM ET/1400 GMT
Wednesday, July 29
- Australia CPI QoQ, 9:30 PM ET Tuesday/0130 GMT
- US pending home sales, 10 AM ET/1400 GMT
- FOMC decision and statement, 2 PM ET/1800 GMT
- FOMC press conference, 2:30 PM ET/1830 GMT
Thursday, July 30
- German preliminary GDP quarter on quarter, 4 AM ET/0 800 GMT
- US advance GDP for the 2nd quarter annualized, 8:30 AM ET/1230 GMT
- US initial claims for unemployment, 8:30 AM ET/1230 GMT
Friday, July 31
- China manufacturing PMI, 9 PM ET Thursday/0100 GMT
- Canada GDP, 8:30 AM ET/12:30 GMT
- US core PCE price index 8:30 AM ET/1230 GMT
- Chicago purchasing managers index, 9:45 AM ET/1345 GMT
- University of Michigan consumer sentiment revised, 10 AM ET/1400 GMT
In addition, the US coronavirus relief package will continue to be worked out between Republicans and Democrats.