S&P Futures are positive this morning as we head into one of the busiest weeks of the summer. The focus is on corporate earnings and this week’s FOMC meeting. MCD & ON are set to report this morning along with a host of big tech earnings due out later this week. There is an FOMC meeting with an announcement scheduled for Wednesday where it is expected they will shift their narrative from inflation to employment. The BOJ and the BOE are also having cental bank meetings this week. NVDA’s CEO is also scheduled to speak today after the closing bell. In Europe, markets are mixed as early market gains have cooled down.
Category: Economics
NewsWare’s Trade Talk: Friday, July 26 | NewsWare‘s Trade Talk
S&P Futures are showing strong gains this morning as the market awaits a key inflation report which is due out before the opening bell. There were no major earnings reports last night, this morning CL & MMM shares are rising on positive earnings results. Autos, banks and tech stocks are showing gains this morning. Next week is a very active week for the markets with earnings reports due out from MSFT, AAPL, AMZN & META. There is also a Fed announcement and a host of employment data on tap. NVDA’s CEO is also scheduled to speak on Monday. In Europe, markets are higher with positive action in industrials, basic resources and luxury.
NewsWare’s Trade Talk: Thursday, July 25 | NewsWare‘s Trade Talk
S&P Futures are continuing to fall as the market is overwhelmed with a bearish sentiment. This morning’s GDP and Jobless Claims report could turn out to be key catalysts today. Positive earnings reports from CMG, IBM NOW & KLAC and shares are higher. This morning AZN & HON delivered beats but are falling in the pre-market. China’s Cental Bank delivered a surprised rat cut overnight. BAC CARR & HOG all announced big share buybacks. In Europe, markets are lower due to disappointing earnings results.