ME News reports that on July 13 (UTC+8), this week’s key events and data include the U.S. June CPI and core CPI figures, China’s second-quarter annual GDP growth rate, the Federal Reserve’s Beige Book on economic conditions, Fed Chair Powell’s testimony before the U.S. House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs on the Fed’s semiannual monetary policy report, as well as earnings reports from JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Wells Fargo, Morgan Stanley, TSMC, and Netflix. (Source: ODAILY)
Key Economic Data and FOMC Report Hearing Scheduled for the Week of July 13
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Summary
Liquidity and crypto markets will face key tests during the week of July 13 as major economic data and central bank actions unfold. The U.S. June CPI and core CPI, China’s Q2 annual GDP growth rate, and the Fed’s Beige Book will be released. Federal Reserve Chair Walsh will testify before Congress on the semiannual monetary policy report. JPMorgan, Citigroup, BofA, Goldman Sachs, Wells Fargo, Morgan Stanley, TSMC, and Netflix will report earnings. Meanwhile, CFT (Countering the Financing of Terrorism) measures could see renewed focus amid increased regulatory scrutiny of financial activities.
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