Next week will be the biggest week for news and earnings for this quarter.
In addition to the FOMC rate decision at 2 PM on Wedneday followed by the Fed Chair press conference, the US employment data will be released on Friday at 8:30 AM.
Also scheduled for release:
Tuesday:
Australia CPI (9:30 PM ET on Tuesday night). Estimate 0.8% versus 0.9% last month. Year on year 2.1% versus 2.1% last month
Wednesday:
ADP nonfarm payroll employment change. 8:15 AM ET. 75K vs -33K last month.Advance GDP 2Q: 8:30 AM ET. Estimate 2.5% versus -0.5% last quarterBank of Canada rate decision. 9:45 AM ET. No change is expected at 2.75%FOMC rate decision. 2 PM ET. No change is expected at 4.5%Fed Chair press conference: 2:30 PM ET.Bank of Japan rate decision (variable) no change is expected
Thursday:
BOJ press conferenceCanada GDP MOM. 8:30 AM ET. Estimate -0.1% versus -0.1% last monthUS Core PCE price index. 8:30 AM ET. Estimate +0.3% versus 0.2% last monthUS initial jobless claims. 8:30 AM ET. Estimate 220K vs 217K last month
Friday:
US Non for payroll change. 8:30 AM ET. Estimate 103K vs 147K last monthUS unemployment rate 8:30 AM ET. Estimate 4.2% versus 4.1% last month.US average hourly earnings. 8:30 AM ET. Estimate 0.3% versus 0.2% last month.US ISM Manufacturing PMI. 10 AM ET. Estimate 49.5 versus 49.0 last month
As for earnings, four of the so-called Magnificent 7 will release with Meta, Microsoft, Apple, Amazon all scheduled to release. Other names include UnitedHealth, Boeing, Merck, Visa, Starbucks, MasterCard, Exxon and Chevron.
Below is a list of the key releases by day (and before or after the close).
Monday
After Close:
Waste Management (WM)
Tuesday
Before Open:
UnitedHealth Group (UNH)
PayPal (PYPL)
Boeing (BA)
UPS
Spotify (SPOT)
Merck (MRK)
Procter & Gamble (PG)
After Close:
Visa (V)
Starbucks (SBUX)
Seagate (STX)
Booking Holdings (BKNG)
The Cheesecake Factory (CAKE)
Whirlpool (WHR)
Wednesday
Before Open:
Altria (MO)
Teva (TEVA)
Kraft Heinz (KHC)
Humana (HUM)
Etsy (ETSY)
Hershey (HSY)
Harley-Davidson (HOG)
After Close:
Meta Platforms (META)
Microsoft (MSFT)
Robinhood (HOOD)
Carvana (CVNA)
Lam Research (LRCX)
Qualcomm (QCOM)
Ford (F)
ARM Holdings (ARM)
Thursday
Before Open:
CVS Health (CVS)
Roblox (RBLX)
Cigna (CI)
Mastercard (MA)
Bristol Myers Squibb (BMY)
After Close:
Apple (AAPL)
Amazon (AMZN)
Coinbase (COIN)
Reddit (RDDT)
Friday
Before Open:
ExxonMobil (XOM)
Chevron (CVX)
This article was written by Greg Michalowski at investinglive.com.