BlockBeats news, on August 3, Trump provided reassurance to risk assets at the start of the week by signaling willingness to negotiate with Iran and halt strikes. However, Asia-Pacific stocks opened and closed lower on Monday, indicating the market remains in a period of adjustment. This week, a wave of macroeconomic data and corporate earnings reports will be released. The market’s focus is on Friday’s U.S. July Non-Farm Payrolls report—the first comprehensive employment data following the Fed’s hold in July—which will directly influence market pricing for the September interest rate path.
Meanwhile, SpaceX’s first earnings report since its IPO is set to be released, followed two days later by the largest single-stock lock-up expiration in U.S. stock market history (approximately 911.5 million shares), which will subject the market to significant liquidity pressure.
Key events are summarized as follows:
On Monday, earnings reports from U.S. stocks such as Palantir and ON Semiconductor;
On Tuesday, U.S. June JOLTs job openings, factory orders, trade balance, SpaceX's first earnings report since its IPO, and AMD earnings;
On Wednesday, U.S. July ADP employment data, ISM non-manufacturing PMI, SanDisk, Western Digital, Circle, and Eli Lilly earnings reports;
On Thursday, U.S. initial jobless claims for the week ending August 1; Challenger job cuts; SpaceX’s first lock-up shares vest (up to approximately 911.5 million shares, with a potential value of nearly $100 billion);
On Friday, the U.S. July non-farm payrolls and unemployment rate will be released; Fed officials Musalem and Barkin will speak.