Russ Cohen

The Upcoming Week: Wave of Bank Earnings

Market Events in Focus

Prepare for a week teeming with developments as a plethora of economic data and Federal Reserve deliberations unfold. Expect a tidal wave of earnings reports, notably from stalwarts such as Bank of America (BAC), Blackrock (BLK), BNY Mellon (BK), Citigroup (C), Citizens Financial Group (CFG), Fifth Third (FITB), Goldman Sachs (GS), KeyCorp (KEY), Morgan Stanley (MS), PNC (PNC), and U.S. Bancorp (USB). Additionally, the financial landscape will be further animated by reports from Netflix (NFLX), United Airlines (UAL), and United Health (UNH).

Monday, July 15

The week kickstarts with insights from the empire state manufacturing survey and remarks from Federal Reserve Chair Jerome Powell.

Tuesday, July 16

Key indicators to watch include retail sales, business inventories, import price index data, and the home builder confidence index.

Wednesday, July 17

Wednesday presents data on housing starts, building permits, industrial production, and the release of the Fed’s beige book report.

Thursday, July 18

Prep for the customary jobless claims report, along with the Philadelphia Fed manufacturing survey and the leading economic indicators.

Friday, July 19

Closing the week, look out for speeches from New York Fed President Williams and Atlanta Fed President Raphael Bostic.

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