Earnings season starts this week, though it’s quite light, with AA reporting on Tuesday after the close, FDO on Thursday before the open, and WFC on Friday before the open. The economic calendar is quite light as well after last week’s barrage of reports. The FOMC minutes on Wednesday will be the most closely watched release, especially with regards to potential timing for a rate hike in 2015.
Outside of the U.S., CPI reports come out in Europe on July 10th and 11th (a closely watched measure for the ECB), and in China on July 8th. Australian employment data comes out on Wednesday, and Canadian employment data will be released on Friday. Outside of that, the semifinals of the World Cup are on Tuesday (Brazil – Germany) and Wednesday (Argentina – Netherlands), and the final is on Sunday.
Here is the single stock event calendar:
Monday, July 7th
- AMAT Analyst Briefing after the close
Tuesday, July 8th
- NFLX MicroStrategy Global User Conference
- LRCX analyst and investor meeting
- AA earnings after the close
Wednesday, July 9th
- SLXP Investor Day
Thursday, July 10th
- FDO earnings before the open
- CVX Q2 sales and revenue release after the close
- GPS June sales and revenue release
- LB June sales and revenue release
- COST June sales and revenue release
Friday, July 11th
- WFC earnings before the open