Next week, inflation trends will be in focus around the release of U.S. June CPI, PPI and retail sales data, while major banks including JPMorgan Chase will lead the second-quarter earnings season, which begins on the same day.
Global markets next week will focus on inflation and consumer trends, centered on the release of U.S. June CPI, PPI and retail sales data. These indicators will affect the outlook for the Fed's interest-rate policy at the end of July, while testimony from the Fed chair before Congress will also draw market attention. Among corporate earnings, major U.S. banks will lead the way, with results from technology-sector companies including ASML, TSMC and Netflix also scheduled. China's second-quarter GDP and other macroeconomic indicators are also expected to affect global sentiment.
JPMorgan Chase, Goldman Sachs, Citigroup, Bank of America and others will report earnings on 14 July, followed by ASML on 15 July and TSMC and Netflix on 16 July. Investment trends surrounding AI demand will remain a focus, and the status of AI-related capital spending may attract market attention. China is scheduled to release second-quarter GDP and other economic indicators on the 15th, with spillover effects expected for the global macroeconomic environment and resource markets.