Canada Consumer Price Index and Wholesale Trade Data Scheduled for Release

This week's economic calendar includes Canada's Consumer Price Index and Wholesale Trade data, as well as G20 Finance Ministers and Central Bank Governors meeting in South Africa. In the US, Consumer Price Index, Manufacturing Sales & Orders, Producer Price Index, Retail Sales, and Fed Beige Book data will be released, along with earnings from various companies such as Blackrock, JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, Johnson & Johnson, and PepsiCo.

This week's economic calendar is packed with significant data releases and earnings reports that will shape market sentiment and policy decisions. Investors and financial professionals are closely watching these events for insights into the economic health and future direction of various sectors.

Economic Data Releases

Monday, July 14:
- No scheduled economic reports.

Tuesday, July 15:
- Consumer Price Index (CPI) June: The CPI report, including core CPI, will provide the latest view of consumer prices. This data will be crucial for understanding the Federal Reserve's stance on interest rates [1].
- Empire State Manufacturing Survey July: This survey will offer insights into the manufacturing sector's health.

Wednesday, July 16:
- Producer Price Index (PPI) June: The PPI report, including core PPI, will give an overview of producer prices.
- Industrial Production & Capacity Utilization June: These reports will provide information on the manufacturing sector's output and capacity.
- Fed Beige Book: This report will offer regional economic insights from Federal Reserve districts.

Thursday, July 17:
- U.S. Retail Sales June: This report will give an update on consumer spending, a key indicator of economic activity.
- Initial Jobless Claims July: This figure will provide the latest data on unemployment claims.

Friday, July 18:
- Housing Starts June: This report will offer insights into new housing construction.

Earnings Reports

Several major companies are scheduled to release their earnings this week:

Tuesday, July 15:
- JPMorgan Chase (JPM)
- Wells Fargo (WFC)
- BlackRock (BLK)
- Citigroup (C)
- Bank of New York Mellon (BK)
- State Street (STT)
- Ericsson (ERIC)
- J.B. Hunt Transport (JBHT)
- Albertsons Cos. (ACI)

Wednesday, July 16:
- Johnson & Johnson (JNJ)
- Bank of America (BAC)
- Morgan Stanley (MS)
- Goldman Sachs (GS)
- Progressive (PGR)
- United Airlines (UAL)
- Alcoa (AA)

Thursday, July 17:
- TSMC (TSM)
- Netflix (NFLX)
- GE Aerospace (GE)
- Novartis (NVS)
- Abbott Laboratories (ABT)
- PepsiCo (PEP)
- Travelers (TRV)

Additional Events

- Fed Speakers: Several Federal Reserve officials will be speaking this week, including Gov. Michelle Bowman, Michael Barr, Susan Collins, and Lorie Logan. These speeches will provide insights into the Fed's policy stance and economic outlook [1].

Conclusion

This week's economic calendar offers a wealth of information that will influence market sentiment and policy decisions. Investors and financial professionals should closely monitor the CPI, PPI, retail sales, and housing starts data, as well as the earnings reports from major companies and the Fed speeches.

References

[1] https://www.marketwatch.com/economy-politics/calendar
[2] https://www.investopedia.com/what-to-expect-in-markets-this-week-bank-earnings-june-inflation-cpi-retail-sales-netflix-11769986