Investors await corporate earnings releases and FOMC rate decision
WEEKLY MARKET COMMENTARY |
The key events this week will be the 177 quarterly corporate earnings releases on tap and the latest Federal Reserve Open Market Committee rate decision. Also driving global price action will be second quarter growth reports in the U.S., United Kingdom and European Union during the week. In addition, there will be fresh U.S. data on housing, durable goods orders, jobless claims and consumer sentiment published throughout the week.
The Federal Reserve (Fed) will send out two speakers after the rate decision, San Francisco Fed President John Williams and Dallas Fed head Robert Kaplan.