🔍⚠️"Five things to watch in the markets over the next week"👀🌟
Monday, August 11
1️⃣ *Focus on economic data* 📊💸
💡 Markets are gearing up: five critical things that will shape next week 🧐⚠️
- Economic data is likely to be at the forefront of investors' interests this week.
- Traders will closely monitor the release of U.S. consumer price data for July on Tuesday.
- A separate measure of producer prices for final demand is set to be released on Thursday, while a measure of U.S. retail sales and a consumer confidence survey are expected on Friday.
2️⃣ *Trump-Putin Summit* 🤝🌍
- Attention is likely to shift to remote Alaska on Friday, when U.S. President Donald Trump meets with Russian President Vladimir Putin to discuss a potential peace agreement in Ukraine.
- Before the summit, Trump suggested that a potential agreement to end the more than three-year conflict in Ukraine could involve land exchanges by both sides.
3️⃣ *More earnings to come* 📈💸
- More financial results from U.S. companies are set to be released this week, with the flow of second-quarter results tapering off over several weeks.
- Among the notable companies this week will be the earnings of technology group Cisco Systems (NASDAQ:CSCO) and semiconductor manufacturing equipment supplier Applied Materials (NASDAQ:AMAT).
4️⃣ *Deadline for the trade truce between the United States and China* 🕰️🇺🇸🇨🇳
- The trade truce between the United States and China is set to end on August 12, with rising speculation about whether the two sides will ultimately extend this fragile arrangement.
- Following the recent bilateral meeting in July, Chinese officials expressed a positive tone that the agreement to avoid re-imposing extremely high reciprocal tariffs could be extended for an additional 90 days.
5️⃣ *Retail sales and industrial production figures in China* 📊🇨🇳
- Analysts will have the opportunity to study a new set of Chinese economic data this week.
- Industrial production and retail sales figures for July are expected to be released on Friday.
- In June, industrial production in China rose by 6.8% compared to the previous year, accelerating from 5.8% in May and exceeding expectations.
🌟💸 *Stay updated on the latest news and developments in the financial markets* 💸🌟
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