Hello and welcome to the working week.
Wall Street is central, as a series of American financial institutions after the profit of the second quarter. Bank of New York Mellon, Wells Fargo, Citigroup, BlackRock and JPMorgan were run out on Tuesday, followed by Bank of America, Morgan Stanley and Goldman Sachs on Wednesday. Analysts expect a glittering series of reports, stimulated by the weak dollar and broad optimity about the probability of a worldwide trade war.
US economic foundations are Wobblier. The Federal Reserve is still in waiting mode, because increased uncertainty about rates looms about his predictions. Economists will anticipate the beige book of the Central Bank, which publishes on Wednesday, for a clearer image. American inflation data for June and the next lecture in the Michigan Consumer Sentiment Index will help enrich the image of the state of playing on the ground.
China is expected to deliver a GDP on an annual basis on the second quarter on the year of year of more than 5 percent increased exports, despite the wave of protectionism that was all over the world. Policy stimulans and the ceasefire between Beijing and Washington have helped protect his economy against the worst consequences of rates.
In Great -Britain, whose economy was contracted in May, the skies are undoubtedly gloomy. (Although not literally, while the country swore through its third heat wolf of the year.) Chancellor Rachel Reeves will give her speech of the mansion on Tuesday, under a cloud of embarrassing tax U-turns.
Readers cannot expect that she confronts the fears of investors about a wealth tax. Instead, expect some chipper words about strengthening a culture of investing. Inflation data publish on Thursday, which economists expect to have applied up to 3.5 percent, might crack her bubble.
Apart from the banks, company reports are thin on the floor while we crawl into the dog days. However, one theme is medicines, with Johnson & Johnson And Novartis Post income. Another is the semiconductor industry, with reports from TSMC And ASML.
One more thing. . .
The World Aquatics Championships are underway in Singapore. It is up to and including July to conclude on 3 August and shows some of the world’s most impressive athletes in the water.
I used to enjoy swimming until an almost fatal accident in the Mediterranean Sea in the summer after my 16th birthday. I have not really done it since then, but this heartbreaking piece about a London club that teaches adults -swimming skills may just encourage me to test the waters again.
Most important economic and business reports
Here is a more complete list of what to expect in terms of company reports and economic data this week.
Monday
Tuesday
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China: Q2 GDP
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Canada: June CPI
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US: June CPI
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Results: Aker BP Q2, Ericsson Q2, TomTom Q2, Bank From New York Mellon Q2, Draw Fargo Q2, Citigroup Q2, Jpmorgan Pursuit Q2, Experiential Q1 2026, Barratt Redrow FY Trading Statement, B&M Q1 trade statement
Wednesday
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US: Fed publishes the beige book
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UK: June CPI
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Results: Morgan Stanley Q2, Bank by America Q2, Goldman Sachs Q2, Johnson & Johnson Q2, Morgan Stanley Q2, ASML Q2, Richemont Q1, Finnair H1
Thursday
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South Africa organizes two-day G20 meeting of Ministers of Finance and Governors of the Central Bank
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Japan: June monthly trade data, June CPI
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Results: TSMC Q2, Volvo -cars Q2, Pepsico Q2, Swamp mclennan Q2, EasyJet Q3, Novartis Q2, Ge aerospace Q2, US Bancorp Q2, Phrasers Group Fy, Thinny Q4 and FY
Friday
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US: Michigan Consumer Sentiment Index July
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Results: Telenor Q2, Burberry Q1, Danske Bank Q2, Charles Schwab Q2
World events
Finally, here is an overview of other events and milestones this week.
Monday
Tuesday
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VK: Governor of Bank of England, Andrew Bailey and Rachel Reeves to speak in Mansion House; Environmental Committee ask Thames Water Executives; parliamentary committee asks OBR chairman on tax risks
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US: Arizona has primarily to fill an empty American chair; Trump expected to speak on Pennsylvania Energy Summit
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Nominations announced for the Emmy Awards
Wednesday
Thursday
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South Korea: Supreme Court to give the final opinion about Samsung Electronics -Chairman Jay Y Lee
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Federal Reserve: Governor Adriana Kugler board to talk about housing and the economy in Washington; Board Governor Christopher Waller to talk about the economic prospects in New York
