Major firm earnings releases expected this week
WEEKLY MARKET COMMENTARY |
The upcoming week in financial markets figures to be quite volatile as a cacophony of Q1 2017 earnings releases will be published including, Facebook, Apple and MasterCard, as well as 128 other major firm earnings announcements. In addition to the Federal Open Market Committee meeting, the Federal Reserve will send four speakers to address the public, including Vice Chair Fischer and Chair Yellen who will speak on Friday, May 5. This will also be a week of major economic data publications including total vehicle sales, Institute for Supply Management service and manufacturing surveys and the April estimate of hiring in the U.S. Also published this week: Canada’s monthly employment report on Friday, May 5, euro area Q1 2017 gross domestic product on Wednesday, May 3, and the Royal Bank of Australia’s monetary policy statement on Friday, May 5.