Key Data Releases:
US:
Philadelphia Fed non-manufacturing activity – A pulse-check on services sector strength. Positive surprise could boost USD and Treasury yields.
Richmond Fed manufacturing & business conditions – Insight into regional factory health; any contraction signals broader economic weakness.
UK:
June Public Finances – Higher borrowing may raise concerns about fiscal headroom, putting pressure on gilts and GBP.
France:
June Retail Sales – A soft read may point to waning consumer demand, affecting Eurozone growth expectations.
Central Banks:
Fed Chair Powell Speaks:
Market-sensitive. Traders will watch closely for clues on rate cut timing—September odds remain high.
ECB Lending Survey:
Tightening credit standards may reinforce the case for ECB to hold or ease. Could weigh on EUR if dovish tones dominate.
BoE Governor Bailey Speaks:
Could guide GBP volatility. Hawkish lean might delay rate cut pricing.
RBA July Minutes:
Will reveal internal debate over inflation and growth. May impact AUD if dovish or hint at hikes.
Earnings to Watch:
Tech & Industrials:
SAP, Texas Instruments, RTX, Lockheed Martin, Northrop Grumman – Key for assessing global capex and defense spending cycles.
Texas Instruments: A bellwether for chip demand—guidance will drive semiconductor sentiment.
Lockheed/Northrop: Defense outlook in focus amid geopolitical tensions.
Consumer & Financials:
Coca-Cola, Capital One, Equifax, General Motors, Sherwin-Williams – Consumer strength, credit conditions, and input cost pressures in focus.
Capital One, Equifax: Loan growth and credit quality trends will signal consumer resilience or stress.
GM: Comments on EV outlook and pricing will be market-moving.
Healthcare & Industrials:
Intuitive Surgical, Danaher, Sartorius: Indicators of medtech demand and R&D cycles.
Trading Implications:
Expect rate-sensitive assets (USD, US yields, GBP) to move on central bank commentary.
Risk sentiment may shift post-earnings depending on guidance, especially from tech and defense names.
Watch EUR reaction to ECB lending data; dovish tilt may push EUR/USD lower.
AUD volatility possible if RBA minutes are unexpectedly hawkish or dovish.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US:
Philadelphia Fed non-manufacturing activity – A pulse-check on services sector strength. Positive surprise could boost USD and Treasury yields.
Richmond Fed manufacturing & business conditions – Insight into regional factory health; any contraction signals broader economic weakness.
UK:
June Public Finances – Higher borrowing may raise concerns about fiscal headroom, putting pressure on gilts and GBP.
France:
June Retail Sales – A soft read may point to waning consumer demand, affecting Eurozone growth expectations.
Central Banks:
Fed Chair Powell Speaks:
Market-sensitive. Traders will watch closely for clues on rate cut timing—September odds remain high.
ECB Lending Survey:
Tightening credit standards may reinforce the case for ECB to hold or ease. Could weigh on EUR if dovish tones dominate.
BoE Governor Bailey Speaks:
Could guide GBP volatility. Hawkish lean might delay rate cut pricing.
RBA July Minutes:
Will reveal internal debate over inflation and growth. May impact AUD if dovish or hint at hikes.
Earnings to Watch:
Tech & Industrials:
SAP, Texas Instruments, RTX, Lockheed Martin, Northrop Grumman – Key for assessing global capex and defense spending cycles.
Texas Instruments: A bellwether for chip demand—guidance will drive semiconductor sentiment.
Lockheed/Northrop: Defense outlook in focus amid geopolitical tensions.
Consumer & Financials:
Coca-Cola, Capital One, Equifax, General Motors, Sherwin-Williams – Consumer strength, credit conditions, and input cost pressures in focus.
Capital One, Equifax: Loan growth and credit quality trends will signal consumer resilience or stress.
GM: Comments on EV outlook and pricing will be market-moving.
Healthcare & Industrials:
Intuitive Surgical, Danaher, Sartorius: Indicators of medtech demand and R&D cycles.
Trading Implications:
Expect rate-sensitive assets (USD, US yields, GBP) to move on central bank commentary.
Risk sentiment may shift post-earnings depending on guidance, especially from tech and defense names.
Watch EUR reaction to ECB lending data; dovish tilt may push EUR/USD lower.
AUD volatility possible if RBA minutes are unexpectedly hawkish or dovish.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.