FOMC Minutes, Retail Earnings in Focus Next Week

Jobless claims will once again be in focus

Assistant Editor
Aug 13, 2020 at 1:05 PM
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Even with earnings season coming to a close, there's still a good bit of economic data and earnings reports for investors to pore over. More specifically, investors will be focusing on notable housing data, which will come in the form of the NAHB home builders index, as well as housing starts. The Federal Open Market Committee's (FOMC) latest meeting minutes are due out mid-week, while a fresh batch of jobless claims data will close out the week. The earnings docket will include a few noteworthy retail names, including Home Depot (HD), Kohl's (KSS), Lowe's (LOW), Target (TGT), and Foot Locker (FL). 

Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday, August 17, will start the week with the NAHB home builders index and the Empire State manufacturing index. Meanwhile, Fabrinet (FN), JD.com (JD), and Wibo (WB) will step into the earnings confessional. 

Economic data featured on Tuesday, August 18 includes housing starts and building permits. On the earnings end, Home Depot, Walmart (WMT), Advance Auto Parts (AAP), Cree (CREE), Kohl's, La-Z-Boy (LZB), and Nvidia (NVDA) are on tap. 

On Wednesday, August 19, investors will digest the latest meeting minutes from the Federal Open Market Committee (FOMC). The earnings docket is full, with reports from Analog Devices (ADI), Children's Place (PLCE), L Brands (LB), Lowe's, Target, TJX (TJX), and Vipshop (VIPS) rolling in. 

On Thursday, August 20, investors will keep an eye on initial and continuing jobless claims, as well as the Philadelphia Fed Manufacturing Index. As far as earnings go, Alibaba (BABA), Estee Lauder (EL), Keysight (KEYS), and Sea (SE) will report.

Notable economic data lined up for Friday, August 21 includes Markit services and manufacturing PMI, and existing home sales. Meanwhile, Baozun (BZUN), Deere (DE), Foot Locker, and Pinduoduo (PDD) will toss their hats in the earnings ring to end the week.


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