By Malvika Gurung
Investing.com — The domestic market closed the July 14-ended week with gains, with headlines and jumping nearly 1% each while sustaining it’s for the fourth consecutive week, even after both the indices tanked over 1% each in Friday’s session.
All eyes will primarily be set on the monetary policy meetings of the and (BoJ), along with the ECB policy meet this week. It will also be packed with several economic releases including the US GDP and the UK Services PMI.
Investors back home will react to the June quarterly earnings results released post-market hours by Reliance Industries (NS:), along with those released by ICICI Bank (NS:) and Kotak Mahindra Bank (NS:) over the weekend on Saturday.
A plethora of prominent market heavyweights including L&T (NS:), Tata Motors (NS:), Bajaj Finance (NS:), Asian Paints (NS:), Bharat Petroleum (NS:), Tata (NS:), and Axis Bank (NS:), among others are scheduled to release their Q1 FY24 earnings this week.
July 24
- US for July: Investing.com forecast at 54
- UK : forecast at 45.9
- UK Composite PMI: forecast at 52.2
- UK Services PMI: forecast at 53
- US Manufacturing PMI (July): forecast at 46.4
July 25
- US (July): Investing.com forecast at 113
- US API Weekly Stock
July 26
- Fed Interest Rate Decision: Investing.com forecast at 5.5%
- US Crude Oil Inventories
- US (June): forecast at 722,000
- US Building Permits: forecast at 1.44 million
July 27
- BoJ Interest Rate Decision: Investing.com forecast at -0.1%
- (YoY)
- BoJ Monetary Policy Statement
- (YoY) (Jul): forecast at 2.9%
- US GDP (Q2): Investing.com forecast at 1.8%
- US : forecast at 233,000
July 28
- BoJ Press Conference
- Core PCE Price Index (MoM) (Jun): Investing.com forecast at 0.2%
- UK Retail Sales (June): Investing.com forecast at 0.2%
- India FX Reserves
- UK Retail Sales (June): Investing.com forecast at -1.5%
