The Week Ahead: CPI Data, Earnings Opening Salvo On Deck

Big banks always kick off earnings season, and next week is no different

Managing Editor
Jul 5, 2024 at 1:41 PM
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Earnings season is back next week, and the usual bank suspects lead the way first. JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) are scheduled, as well household names Delta Air Lines (DAL) and PepsiCo (PEP). On the economic data front, investors will unpack consumer credit and wholesale inventories, but the onus will be on consumer price index (CPI), and producer price index (PPI) readings for June.

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Monday, July 8 starts the week off slow, with only consumer credit on the docket.

The NFIB optimism index will be shared on Tuesday, July 9

Continuing the slow feel of the week, Wednesday, July 10 will only host wholesale inventories.

Things pick up Thursday, July 11,with jobs data, the regular and core consumer price index, core and non-core CPI year-over-year results, news of the monthly U.S. federal budget, and a speech from St. Louis Fed President Alberto Musalem.

Expected on Friday, July 12 is the producer price index, PPI year over year, core PPI and year over year, as well as preliminary consumer sentiment data.

 

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