CoinTelegraph
The week ahead stacks three high-impact macro prints against the start of US Q2 bank earnings. Tuesday brings June US CPI at 14:30 CET, with Fed Chair Kevin Warsh then testifying before the House Financial Services Committee at 16:00 CET. Major US banks including JPMorgan, Bank of America, Citigroup, Goldman Sachs and Wells Fargo open earnings the same day.
Why it matters
CPI lands first and sets the framing for Warsh's testimony, with markets positioned around whether the Fed's next move is a cut or a hold. China Q2 GDP prints overnight into Wednesday (04:00 CET), a closely watched read on external demand right as US PPI follows at 14:30 CET and Warsh returns to the Senate Banking Committee at 16:00 CET. The Fed's Beige Book closes the day at 20:00 CET.
Market impact
Thursday shifts to labor: initial jobless claims at 14:30 CET, then the H.4.1 balance-sheet update at 22:30 CET. Friday rounds out with the June import and export price indexes at 14:30 CET. With bank earnings running through the same window, the calendar hands traders a synchronized read on inflation, growth and credit conditions.
Frequently asked questions
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When is the US June CPI release this week?
US June CPI prints Tuesday at 14:30 CET, ahead of Fed Chair Kevin Warsh's testimony before the House Financial Services Committee at 16:00 CET the same day.
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Which US banks report Q2 earnings and on what day?
JPMorgan, Bank of America, Citigroup, Goldman Sachs and Wells Fargo open Q2 earnings on Tuesday, July 14.
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When does China release Q2 GDP this week?
China Q2 GDP releases Wednesday at 04:00 CET, in the overnight Asian session before US markets open.
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What does the Federal Reserve Beige Book cover?
The Beige Book is the Fed's qualitative summary of current economic conditions across the twelve Federal Reserve districts, published Wednesday at 20:00 CET.
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What labor and Fed-balance-sheet data lands Thursday?
US initial jobless claims print Thursday at 14:30 CET, followed by the Federal Reserve's H.4.1 balance-sheet update at 22:30 CET.
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