The week will give indications on how Trump’s tariffs are hitting.
Upcoming Week in Business and Finance
The week ahead is packed with economic data releases and corporate earnings reports that will provide insights into the health of various sectors and economies around the globe.
Monday
Volvo Cars will release its July sales figures. Last week, the company’s stock price declined despite a reduction in Donald Trump’s vehicle tariffs from 27.5% to a less severe 15%.
Stock exchanges in Toronto and London are closed for national holidays (Civic Holiday and Summer Bank Holiday, respectively).
In Sweden, the Swedish Public Employment Service will publish weekly labor market statistics. The United States will release data on industrial orders, and Switzerland will report its consumer price index.
Tuesday
Several companies are scheduled to report earnings, including International Petroleum IPC (a Canadian oil and gas company), AMD (a semiconductor company), British Petroleum (an oil company), Caterpillar (a construction equipment manufacturer), Pfeiffer Vacuum (a vacuum pump company), Pfizer (a pharmaceutical company), and Snap (the company behind Snapchat).
Avanza and Nordnet will release monthly statistics, including the number of customers and net inflows, revealing the investment interests of retail investors in July.
A wide range of Purchasing Managers’ Index (PMI) data for the services sector will be released from various regions, including the Eurozone, the United States, China, Japan, India, Spain, Italy, Germany, France, the United Kingdom, and Sweden. The Eurozone will also publish its producer price index.
Data on the US trade balance and retail sales will provide insights into the impact of tariffs in the United States.
Wednesday
Earnings reports are expected from Sampo (a Finnish insurance company), Lundin Mining (a Swedish mining company), Novo Nordisk (a Danish pharmaceutical company), McDonald’s, Walt Disney, and Zalando.
Norwegian Air will release its traffic report for July.
The Swedish National Institute of Economic Research (Konjunkturinstitutet) will publish an economic update, and Statistics Sweden (SCB) will release the service price index for the second quarter.
The Eurozone will release retail sales figures for June.
Thursday
Companies reporting earnings include G5 Entertainment (a game developer), Qliro (a fintech company), Lundin Gold (a mining company), and Maersk (a Danish transport giant).
Major international corporations scheduled to report include Sony (an electronics company), Toyota (an automotive manufacturer), Eli Lilly (a pharmaceutical company), GEA (a German agricultural company), Millicom (a telecommunications company), Siemens (a technology company), and Softbank (a Japanese technology investor).
Trade balance data from China and Germany, along with China’s foreign exchange reserves for July, will provide further indications of the impact of tariffs on global trade.
Statistics Sweden (SCB) will present preliminary consumer price index (CPI) data for July.
The Bank of England will announce its interest rate decision.
Friday
Asmodee, a board game company, will release its earnings report.
Japan will present its current account balance for June.
Statistics Sweden (SCB) will release additional data on the Swedish economy, including household consumption, industrial orders, and the production value index.
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