📆 Overview of interesting things for the upcoming week! 🚀
The results season is slowly coming to an end, this week I'll be taking it easy and enjoying the sunny weather!
Here's a list of interesting things to look out for:
💼Tuesday: U.S. Producer Price Index (PPI): This measure of inflation in the manufacturing sector can give us a clue as to what price pressures we can expect at the consumer level.
Earnings: Before the markets open we'll get the results from Home Depot $HD: Keep an eye on how the home furnishings giant is doing. The results may give an indication of the current state of consumer spending on renovations and housing.
👥Middle: US Consumer Price Index (CPI): the key inflation indicator that everyone is watching closely. Its value can influence expectations about future Fedpolicy .
Earnings: Before the markets open the Swiss financial services company UBS $UBS will report its results . After the markets close, we'll hear earnings from Cisco $CSCO, a leader in networking technology.
📝 Thursday: Initial Jobless Claims: This indicator is an important signal for the labor market. Higher than expected claims may indicate a slowing economy. US Retail Sales: a key indicator of consumer activity. Strong results could support growth in the markets, while weak results may raise concerns. NY Fed Manufacturing Survey: This survey offers a look at the health of manufacturing in the New York region , which can be an indicator of the broader trend in the US. Philly Fed Manufacturing Survey: Similar to the NY Fed's survey , this survey gives us information on the health of the industry, this time in and around Philadelphia.
Earnings: Before the markets open we'll get Walmart 's earnings $WMT: As the world's largest retail chain, Walmart can offer insight into how consumers are behaving in the current economic environment. And also the results of Deere & Company $DE, primarily known as a manufacturer of agricultural and farm equipment under the name John Deere.
💵Friday: US Consumer Sentiment: an important indicator that tells us how consumers are feeling.
What events will you be watching this week? Do you have any buying/selling plans?
