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This week, the RNC convention, ECB rate decision, corporate earnings, and other key reports will take place. What can traders, economists, and consumers expect?
JPM, Wells Fargo and Citi brace for Q2 earnings on Friday, 11 July, each poised to steer their own challenges amidst looming Fed rate cuts as analysts warn of higher provisions.
Central banks in the US and New Zealand may be grappling with a tough call: keeping interest rates high to fight inflation or lowering them to avoid recession. What’s the potential next move from these central bankers? What should traders pay attention to?
Expectations of a stock split pushed Williams-Sonoma shares up on 8 July, while the publishing of positive market analysis gave Intel a boost. What was behind NYC traders’ enthusiasm for these firms on July 8th?
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