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US inflation cools again: Will it pave the way for a rate cut?
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July's Must-See Financial Events: Jobs Report, CPI Data, Q2 Earnings Season, FOMC Meeting

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In One Chart joined discussion · Jun 28 06:41
July is set to be a crucial month on Wall Street with key events like the U.S. jobs report, CPI inflation data, and the Fed's FOMC meeting.
The Q2 earnings season will also kick off, featuring reports from major companies such as $JPMorgan (JPM.US)$, $Citigroup (C.US)$, $Wells Fargo & Co (WFC.US)$. As investors assess interest rates, inflation, and economic outlook, market direction could be significantly influenced.
Check out key events in July here:
July's Must-See Financial Events: Jobs Report, CPI Data, Q2 Earnings Season, FOMC Meeting
Fed Chair Powell at ECB Forum - July 2: Powell will speak at the ECB Forum, potentially hinting at future Fed policy decisions ahead of the FOMC meeting.
U.S. Jobs Report - July 5: The Labor Department's monthly jobs report will be a critical indicator of economic health, with expectations of 180,000 new jobs and an unemployment rate of 4.0%.
U.S. CPI Data - July 11: The Consumer Price Index report will be closely watched for inflation trends, with forecasts suggesting a slight decrease from previous months.
Q2 Earnings Season Kickoff - July 12: Major companies like JPMorgan Chase, $Netflix (NFLX.US)$, $Tesla (TSLA.US)$, $Meta Platforms (META.US)$, $Microsoft (MSFT.US)$, $Alphabet-A (GOOGL.US)$, and $Amazon (AMZN.US)$ will report their earnings, providing insights into corporate health and market trends.
FOMC Meeting - July 31: The Fed's policy meeting will be highly anticipated, with markets expecting no rate changes but closely monitoring for any shifts in policy outlook.
Goldman Sachs predicts the stock market is entering its best period of the year. The $NASDAQ 100 Index (.NDX.US)$ has consistently risen in July for 16 years, and historical trends suggest the $S&P 500 Index (.SPX.US)$ could surge 4% next month.
Since 1928, July 3rd has the highest day hit rate for the S&P of positive returns (72.41%), followed July 1st (72.06%), and other statistically significant trading days during the first two weeks of July," Goldman Sachs managing director Scott Rubner said.
Source: Investing.com, Business Insider
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