HomeBlogUncategorizedIt will be a tidal wave of earnings and economic data next week.

It will be a tidal wave of earnings and economic data next week.

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.


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