iBankCoin
Joined Dec 4, 2012
312 Blog Posts

The Week Ahead: Earnings, Earnings and More Earnings With Some Draghi To Round It Out

1. Geopolitical and Fiscal Events. Thursday sees the BOJ and ECB announce their latest interest rate decisions. ECB Head Mario Draghi holds a press conference.

2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications, jobless claims and Empire Manufacturing, NAHB Housing Market Index, Housing Starts, Philadelphia Fed Survey and Leading Indicators.

3. Earnings Releases. Notable releases include BLK NFLX JNJ BAC USB MS MSFT V GE HON.

Monday, July 17

July Empire Manufacturing is due out at 8:30 a.m. EDT and is expected to fall to 13 from 19.8.

Tuesday, July 18

July NAHB Housing Market Index is due out at 10:00 a.m. EDT and is expected to remain at 67.

Wednesday, July 19

June Housing Starts are due out at 8:30 a.m. EDT and are expected to rise to 1,160,000 from 1,092,000.

Thursday, July 20

July Philadelphia Fed Survey is due out at 8:300 a.m. EDT and is expected to fall to 22 from 27.6.

June Leading Indicators are due out at 10:00 a.m. EDT and are expected to rise to 0.4% from 0.3%.

At 1:00 a.m. EDT, the Bank of Japan (BOJ) is out with its latest interest rate decision.

The European Central Bank (ECB) is out with its latest interest rate decision at 7:45 a.m. EDT and press conference with ECB Head Mario Draghi at 8:30 p.m. EDT.

Friday, July 21

No events of note.

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