July's Must-See Financial Events: Jobs Report, CPI Data, Q2 Earnings Season, FOMC Meeting
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：
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
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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William L Davis Jr : I see alot of fireworks and alot of green ahead in the market in the coming weeks
careful Hare_8024 : Awesome
LaLaB William L Davis Jr : Hope so!
RideTheTide1906 : Let’s get this money is July. History since 1928 is on our side.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Darylbjr William L Davis Jr : You must be a soothsayer
Jarrod Humphries : I see alot of fireworks and alot of green ahead in the market in the coming weeks....I figured I'd say it to [Lol]...but it will happen...
Erwin Burley : Follow the trend
PAUL BIN ANTHONY : tq My lord give us the best person in charge A1 Amen together
Imtiaz786 : 1928 since s&p 500 going higher.hope will be for 2024 too