Monday Market Must-Knows: July 29, 2024
This week is packed with significant events in earnings, central banks, and employment data.
Earnings will dominate the week, with major reports from companies like Microsoft, Procter & Gamble, Meta, Apple, and Amazon. Microsoft and Google's AI spending and its impact on earnings are particularly noteworthy.
Employment data will add another layer of volatility, with key reports including JOLTS job openings, ADP non-farm employment change, and the unemployment rate.
Central banks are also in focus. The Bank of Japan might keep rates around 0.1%, while the US Federal Reserve is expected to hold at 5.5%, with the press conference being crucial for insights. The Bank of England is likely to cut rates by 25 basis points.
This combination of earnings reports, employment data, and central bank announcements promises a volatile week for the markets. Practice good risk management.
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!
Earnings will dominate the week, with major reports from companies like Microsoft, Procter & Gamble, Meta, Apple, and Amazon. Microsoft and Google's AI spending and its impact on earnings are particularly noteworthy.
Employment data will add another layer of volatility, with key reports including JOLTS job openings, ADP non-farm employment change, and the unemployment rate.
Central banks are also in focus. The Bank of Japan might keep rates around 0.1%, while the US Federal Reserve is expected to hold at 5.5%, with the press conference being crucial for insights. The Bank of England is likely to cut rates by 25 basis points.
This combination of earnings reports, employment data, and central bank announcements promises a volatile week for the markets. Practice good risk management.
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!