In the coming week, important economic data releases include India's Q1 GDP, fiscal deficit, and infrastructure sector output, as well as global GDP numbers from the US for Q2 and manufacturing PMI data from various countries. Additionally, there will be several IPOs and stock listings.
Investors will have a lot to consider this week as they analyze economic indicators such as US nonfarm payrolls, wage growth, and inflation, as well as Eurozone inflation numbers and central bank commentary, all of which could impact policy decisions and market sentiment.
This week's highlights include new data on the U.S. labor market, earnings reports from several retailers, and the latest inflation data.
Investors will be focusing on new data on the U.S. labor market, including job openings and the nonfarm payrolls report, as well as earnings reports from retailers and the latest inflation data.
Global markets are watching for the latest round of retailer earnings reports as well as the release of the July Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics, while European indexes are being boosted by a jump in commodity prices linked to China's stimulus measures.
Summary: The article provides a brief overview of economic and financial indicators from the September 2nd, 2023 edition.
Investors await the release of U.S. nonfarm payrolls and a barrage of manufacturing data to close out a week of mixed economic reports, while China's private-sector survey shows factory activity expanding despite ongoing economic challenges.
The week has been driven by macroeconomic data, but the threat of economic contraction is not currently imminent, with the US Ten-Year Note yielding around 4.11% overnight and the US Dollar Index trading around 103.5; the Bureau of Labor Statistics will release its employment-related surveys for August today, with economists expecting non-farm job creation of around 170,000 and wage growth at 4.4% year over year.
Stock markets showed signs of improvement last week, fueled by hopes of a Goldilocks economic scenario, despite downward revisions in Q2 GDP growth and a slowdown in housing prices, while robust hiring and a decline in wage growth raised concerns about a cooling job market. The strength of U.S. consumers and the moderation of the Consumer Confidence index are factors that could influence the Federal Reserve's decisions on inflation, with investors advised to rely on trustworthy data and analysis. Noteworthy upcoming earnings and dividend announcements include Zscaler, Gitlab, GameStop, C3ai, American Eagle, DocuSign, and Kroger. Key economic reports this week will focus on Factory Orders, ISM Services PMI, and Q2 Non-Farm Productivity and Unit Labor Costs.
This week's economic reports, including the Consumer Price Index, Retail Sales, and Consumer Sentiment Index, will provide crucial information for investors and may influence the Federal Reserve's interest rate decision.
Tech Top News Consumer Sep. 22, 2023 3:00 PM ET: Notable events for the upcoming week include earnings reports from companies like Costco, Cintas, and Nike, as well as conferences and investor days for various industries.
Investors are focusing on the release of economic reports on GDP and inflation as they evaluate the Federal Reserve's stance on interest rates and its efforts to cool down inflation. Metal prices have slipped due to concerns over global demand and the economy, and the risk of a government shutdown is also adding to the bearish sentiment. Earnings reports from various companies and core PCE inflation data are expected in the week ahead.
Investors will be keeping a close eye on the latest data on the U.S. labor market this week, which will have implications for consumer spending and the Federal Reserve.
The September jobs report in the US is set to be released, and economists are unsure whether it will meet expectations following conflicting economic data earlier in the week, including a higher-than-expected increase in job openings and a decrease in private-sector hiring.
The September jobs report is highly anticipated by investors as they look for clues about the health of the labor market amidst higher interest rates and inflation, with projections of increased hiring and a decrease in the unemployment rate, although private sector hiring may slow and wage growth may moderate.
The September employment report, set to be released on October 6th, is expected to show an addition of approximately 170,000 jobs, with economists closely monitoring unemployment and wage growth data. Eric Freedman, Chief Investment Officer at U.S. Bank Asset Management, states that the resilience of the broader economy lies in the labor market, which still faces challenges in finding workers, especially for small businesses.
Earnings season begins next week with reports from major banks and financial institutions, while Amazon will host its "Prime Big Deal Days" event, and inflation updates will be released.
The U.S. economy is showing mixed indicators, with rising interest rates, high inflation, and increased consumer spending, leading economists to question whether a recession is on the horizon.
Investors in the week ahead will focus on the release of the Consumer Price Index (CPI) for September, third quarter earnings reports from companies like Pepsi, Delta, and JPMorgan, and insights from the Federal Reserve's September meeting minutes.
Both the consumer and producer prices indices are set to be released this week, providing investors with another look at US inflation data, with expectations of a gradual decrease in inflation as crude oil and gasoline prices drop. Additionally, the impact of weight loss drugs on grocery sales is being monitored, with companies like Walmart and Coca-Cola experiencing fluctuations in stock prices.
This week, investors will focus on Q3 2023 earnings reports, as well as important economic indicators such as September's retail sales and industrial production, to gauge the Federal Reserve's policy stance and shape expectations about the economy.
Corporate earnings will be the focus in the week ahead, with Bank of America, Goldman Sachs, Tesla, and Netflix reporting, among others, while recent economic data shows cooling inflation and uncertainty remains around future interest rate hikes.
Geopolitical tensions, earnings reports, U.S. retail sales data, and speeches by Federal Reserve officials will shape the week ahead in markets, along with oil volatility and economic data from China and the U.K.
This article provides an overview of the companies to watch during the third-quarter earnings season, along with information about upcoming economic data releases.
The earnings calendar for the coming week is filled with high-profile reports from technology sector giants like Microsoft, Meta Platforms, Amazon.com, and Alphabet, as well as Cadence Design Systems, a leader in electronic systems design, with strong growth expected.
The upcoming earnings season will see a wide range of companies reporting their financial results, including tech giants like Facebook Meta, Amazon, Alphabet, and Microsoft, as well as companies from various sectors such as automakers, consumer staples manufacturers, defense leaders, energy sector giants, payment processors, and airlines.
Financial markets are preparing for a potentially significant week as the Federal Reserve meeting, U.S. employment data, and Apple's earnings could determine the future trajectory of stocks and bonds for the rest of the year.
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