Next week, investor attention will remain focused on President Trump’s trade war, following the announcement of sweeping tariffs on August 1st. Meanwhile, the earnings season continues in full swing, with key reports due from Palantir Technologies, Walt Disney, AMD, Amgen, McDonald’s, and Eli Lilly. In the US, important economic data releases include the ISM Services PMI, trade balance, factory orders, and the preliminary estimate of Q2 productivity and labor costs. Globally, monetary policy decisions are expected from the BoE, the RBI, and Mexico’s central bank. Other key data include trade and inflation for China; retail sales and producer prices for the Eurozone; factory orders, industrial production, and trade figures for Germany; trade and PMIs for Australia; trade and employment for Canada; inflation from Mexico, Switzerland and Turkey; and GDP growth figures from Indonesia and the Philippines.
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