Key Takeaways
- This week will bring fresh data on inflation, the housing market, and retail sales after a volatile week for markets amid worries about the health of the economy.
- Several Federal Reserve speakers will also give remarks during the week, potentially offering more insights.
- Retail earnings will be in the spotlight, with quarterly updates due from Walmart, Home Depot, and more.
This week will bring fresh data on inflation, the housing market, and retail sales after a volatile week for markets am🐻id worries about the health of the economy. A handful of Federal Reserve speakers will also give remarks during the week, potentially offe🎶ring more insights.
Investors could get more updates on the health of consumer spending as well, when major retailers including Walmart (WMT) and Home Depot (HD) report earnings.
Monday, August 12
- New York Fed consumer inflation expectations (July)
Tuesday, August 13
- NFIB Small Business Optimism Index (July)
- Producer Price Index (July)
- Atlanta Fed President Raphael Bostic delivers remarks
- Home Depot (HD) and SunLife Financial (SLF) report earnings
Wednesday, August 14
Thursday, August 15
- Initial jobless claims (Week ending August 10)
- Empire State Manufacturing Index (August)
- Philadelphia Fed Manufacturing Index (August)
- Housing market index (August)
- Industrial production and capacity utilization (July)
- Retail sales (July)
- Business inventories (June)
- St. Louis Fed President Alberto Musalem and Philadelphia Fed President Patrick Harker deliver remarks
- Walmart (WMT), Alibaba Group (BABA), Applied Materials (AMAT), John Deere (DE) and JD.Com (JD) report earnings
Friday, August 16
- Housing starts (July)
- Consumer sentiment - preliminary (August)
- Chicago Fed President Austan Goolsbee delivers remarks
Fresh Data on Inflation, Housing, a🌜nd Retail Sa🦄les
Tuesday's 澳洲幸运5开奖号码历史查询:Producer Price Index (PPI) will offer an update on wholesale inflation, while Wednesday's release of the July 澳洲幸运5开奖号码历史查询:Consumer Price Index (CPI) will show whether consumer inflation will continue its downward trend after dropping t𒐪o an annual rate of 3% in🌞 the prior month.
The latest inflation data could influence the Federal Reserve's stance on interest rates. While easing price pressures could raise expectations of an interest rate cut, a higher reading would raise worries that rates will remain elevated.
Atlanta 𒁏Fed President Raphael Bostic, St. Louis Fed President Alberto Musalem, Philadelphia Fed President Patrick Harker, and Chicago Fed President Austan Goolsbee are all scheduled to deliver remarks this week, potentially offering more insights.
Market watchers will also get sentiment surveys from home builders on Wednesday and consumers on Friday. Retail sales numbers on Thursday will follow a surprisingly strong July report that showed 澳洲🤪幸运5开奖号码历史查询:consumers still had an appetite for spending, and housing starts data on Friday will show whether builders are able to follow up on 澳洲幸运5开奖号码历史查询:June’s increase in construction, potentially providing relief to a housing market struggling to b♔uild up inventory.
Investors will likely be watching to see if Thursday’s weekly initial jobless claims data will continue to 澳洲幸运5开奖号码历史查询:show resilience in the labor market as well൲,🐷 after last week's report helped ease concerns about the economy.
Retailers Report Earnings, Including Walmart
Along with retail sales data, Thursday will bring a quarterly update from the 澳洲幸运5开奖号码历史查询:nation’s largest retailer, Walmart. The big box chain surprised analysts with 6%⛎ year-over-year revenue grow𒆙th in the first quarter, and the company raised its full-year guidance.
Meanwhile, Home Depot is expected to 澳洲幸运5开奖号码历史查询:post slight🐲 declines in sales and 💟profits from the same time last year, as inflation-weary consumers have pulled back on big🌌-ticket spending for home improvement projects.
Investors could also get a look at international retail trends this week with reports from 澳洲幸运5开奖号码历史查询:Chinese e-commerce giants Alibaba and .
Cisco earnings on Tuesday could highlight tech infrastructure spending, while financial firms SunLife Financial and UBS are also scheduled to report.