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The Most Important 3 Things To Watch In Markets

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1- Powell’s Speech:
Federal Reserve Chairman Jerome Powell is scheduled to testify before the Senate and House of Representatives on Tuesday and Wednesday, respectively. While the hearings primarily focus on monetary policy,

2- Consumer Price Index:
The inflation report for June is set to be released on Thursday, July 11. Forecasts indicate a 0.1% change on a monthly basis and 3.1% on an annual basis. The core consumer price index is expected to rise by 0.2%.

3- Second Quarter Earnings Season:
As preliminary reports for the second-quarter earnings season begin to emerge, indicators point to strong performance for S&P 500 companies. Expectations for the second quarter of 2024 suggest an 8.6% increase in earnings compared to the same period last year, with revenues also expected to rise by 4.7%. This expected growth rate is the most significant since the 9.9% increase observed in the first quarter of 2022.

Stay informed about global markets through our previous analyses. and Now, you can also benefit from LDN company services via the LDN Global Markets trading platform.

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