This week's macro rhythm:
Monday:
Event: G20 finance ministers and central bank governors hold a meeting.
Tuesday:
Financial reports: Tesla, Google's parent company Alphabet.
Wednesday:
Data: Eurozone July manufacturing PMI preliminary value;
Event: Bank of Canada announces interest rate decision and monetary policy report.
Thursday:
Data:
U.S. initial claims for the week; U.S. second quarter real GDP annualized quarterly rate preliminary value;
U.S. second quarter real personal consumption expenditure quarterly rate preliminary value;
U.S. second quarter core PCE price index annualized quarterly rate preliminary value;
Event:
2024 Sugar Orange Conference will be held from July 25 to July 27
Friday:
Data:
U.S. June core PCE price index annual rate;
U.S. June core PCE price index monthly rate;
U.S. July University of Michigan consumer confidence index final value;
U.S. July one-year inflation rate expected final value.
Event:
The 2024 Paris Olympics will be held in Paris, France, and will end on August 11.