Andres Guerra Cortes
Good day everyone 👋 This week is packed with market-moving events, from the Fed’s big symposium in Jackson Hole to a wave of U.S. retail earnings that could show us how strong (or weak) the consumer really is. Let’s dive in: 📊 Fed & Jackson Hole Symposium The highlight of the week is the Jackson Hole Economic Policy Symposium (Aug 22). All eyes are on Fed Chair Jerome Powell as he delivers his keynote, which could set the tone for potential rate cuts later this year. We’ll also get the Fed’s July meeting minutes and speeches from other officials. 🛍️ Retail Earnings in Focus It’s earnings week for U.S. retailers, and these results will give us a clear picture of consumer spending under inflation and tariffs. Here are the big names reporting: Aug 19 (Tue): Home Depot 🛠️ Aug 20 (Wed): Target 🎯, Lowe’s 🏡, TJX 🛒, Baidu 🔍 Aug 21 (Thu): Walmart 🛍️, Ross Stores 👗, Intuit 💻, Zoom 📹 Aug 22 (Fri): BJ’s Wholesale 🏪, Buckle 👕 These reports will be key in shaping market sentiment around consumer strength. 💹 Wall Street Near Highs Despite some minor pullbacks, Wall Street is holding close to record levels. But geopolitics are adding uncertainty: if it happens, a major meeting between President Trump, Ukrainian President Zelensky, and European leaders could shift investor mood before the Fed takes center stage. 🌍 Key Economic Data It’s also a heavy week for economic indicators: Flash PMIs for the U.S. and global economies Canada CPI (Aug 19), UK CPI (Aug 20), RBNZ decision (Aug 20) Weekly jobless claims, Philly Fed index, existing home sales in the U.S. UK retail sales (Aug 22) and Japan inflation (Aug 22) Central banks’ decisions combined with these reports will guide expectations for growth and inflation. 💰 Gold Outlook Gold prices are expected to stay range-bound this week. Traders are eyeing central bank signals and geopolitical risk. For now, short-term opportunities look more attractive than long-term bets. 💬 Final Thought: This week is a balancing act: markets are stable near highs, but Powell’s tone at Jackson Hole, retailer earnings, and fresh economic data could quickly change the mood. Keep your eyes on consumer signals and central bank comments—they’ll set the stage for the rest of Q3. Wishing you all the best, Andrés Guerra $SPY (SPDR S&P 500 ETF) $HD (Home Depot Inc) $TGT (Target Corp) $WMT (Walmart Inc.) $BJ (BJ's Wholesale Club Holdings Inc) $BTC $GOLD $LOW (Lowe's Companies Inc) $TJX (TJX Companies Inc)
2 replies
null
.