Merchants work on the ground on the New York Inventory Change in New York Metropolis, U.S., July 21, 2025.
Brendan McDermid | Reuters
Select a front-row seat and seize your popcorn. These 5 days will mainly be the Olympics for market watchers:
- Meta Platforms, Microsoft, Amazon and Apple are reporting earnings.
- The U.S. Federal Reserve’s rate-setting committee is assembly.
- The non-public consumption expenditures value index, the Fed’s most well-liked inflation studying, comes out.
- U.S. jobs information for July can be launched.
And looming over all these monetary and macroeconomic occasions is U.S. President Donald Trump’s August 1 deadline for his new tariffs.
As Kim Forrest, founder at Bokeh Capital, stated, “What is not occurring on this week?”
Here is the best situation for traders.
The Magnificent Seven corporations reporting earnings this week and the U.S. economic system safe gold at their respective occasions. (The Fed is anticipated to maintain charges unchanged — whether or not this qualifies the central financial institution for a medal is up for debate).
Large buying and selling companions of the U.S., equivalent to South Korea and India, safe a cope with the White Home and be a part of the European Union and Japan on the podium, whereas Beijing extends its tariff suspension with Washington.
If these occasions occur, U.S. shares will most likely have legs clear hurdle after hurdle — and the S&P 500 can proceed topping report tables.
— CNBC’s Sarah Min contributed to this report
What you must know in the present day
Trump pronounces a commerce settlement with the European Union. Most European items, together with automobiles, exported to the U.S. will face a 15% tariff, Trump stated Sunday. The bloc additionally agreed to buy $750 billion price of U.S. power, he added.
Samsung inks a $16.5 billion contract with Tesla. Whereas the South Korean agency did not disclose the counterparty in its regulatory submitting, Tesla CEO Elon Musk confirmed that it’s going to manufacture the automaker’s “next-generation AI6 chip.”
Excellent week for the S&P 500. The broad-based index rose Friday to shut at a excessive — its fifth report in a row final week. The Nasdaq Composite and Dow Jones Industrial Common additionally superior. Asia-Pacific shares had been combined Monday.
The Fed is able to begin reducing charges, Trump stated. On Friday, the U.S. president stated Fed Chair Jerome Powell informed him “the nation is doing effectively,” which Trump took to imply “he’ll begin recommending decrease charges.” Futures markets disagree.
[PRO] Winners of Hong Kong’s crypto framework. The island’s invoice, which takes impact Friday, formalizes the method for monetary corporations to subject and handle stablecoins. Two on-line brokerages which provide crypto buying and selling stand to profit, analysts stated.
And at last…
Tesla autos are lined up at a car storage yard at an industrial port, on the day U.S. President Donald Trump struck a commerce cope with Japan that lowers tariffs on auto imports, in Yokohama, close to Tokyo, Japan, July 23, 2025.
Kim Kyung-hoon | Reuters
Trump’s tariff deal provides scant aid for Japan automakers as larger risk looms
Japanese automakers might have sidestepped crushing U.S. tariffs, however the reprieve might supply little consolation. Their place within the world market is being eroded by Chinese language automakers at the same time as they face persistent structural challenges domestically.
Nonetheless, analysts acknowledge that Trump’s finalized tariff fee brings not less than one profit: some predictability.
— Lee Ying Shan
