Preview -- Barron's
July 14 2018 - 6:30AM
Dow Jones News
By Bob Teitleman and Teresa Vozzo
Monday 16
Bank of America, BlackRock , Luby's , Netflix begin this week of
heavy earnings announcements.
The New York Fed releases its Empire State Manufacturing Survey
for July. Economists see the index level contracting to 20.1 from
last month's 25.
President Trump and Russian leader Vladimir Putin are expected
to meet in Helsinki. Among the topics up for discussion: civil war
in Syria, Russian aggression in Ukraine, and North Korea's nuclear
weapons.
U.S. Census Bureau releases June retail sales data. Analysts
expect sales to increase for the fourth straight month, signaling
the consumer picked up spending in the second quarter.
It's Prime Day (and a half). The biggest shopping event of the
year at Amazon.com begins at 3 p.m. eastern time. This year, Amazon
is extending the shopping to 36 hours from 2017's 30 hours. Also
new this year, Prime members will get an additional 10% off sale
items and discounts on popular items at Whole Foods Market
stores.
The International Monetary Fund releases its World Economic
Outlook.
China releases second-quarter GDP, along with industrial
production and retails sales data.
Tuesday 17
Johnson & Johnson, Comerica , UnitedHealth Group , Goldman
Sachs Group , Prologis , CSX host quarterly conference calls.
Federal Reserve Chairman Jerome Powell is set to deliver his
semiannual monetary policy report to the Senate Banking
Committee.
National Association of Home Builders reports its July housing
market index.
Wednesday 18
Novartis, Morgan Stanley , U.S. Bancorp , M&T Bank ,
Northern Trust , Alcoa , eBay report results.
U.S. Census Bureau reports June housing starts. The consensus
estimate calls for the level to reach a seasonally adjusted 1.320
million units.
Fed beige book is released.
Thursday 19
BB&T , Bank of New York Mellon , Philip Morris International
, Fifth Third Bancorp , Domino's Pizza , KeyCorp , Snap-on ,
Microsoft host conference calls.
U.S. Commerce Department begins two days of public hearings in
its investigation to determine whether auto imports pose a national
security threat. The Trump administration is reportedly considering
25% tariffs on that basis.
Weekly jobless claims are reported.
Philadelphia Fed releases its Manufacturing Business Outlook
Survey.
Friday 20
SunTrust Banks , Stanley Black & Decker , General Electric ,
Honeywell International , Celanese , Gentex round out the week's
earnings announcements.
Standard & Poor's reviews both Russia and Greece credit
rating.
St. Louis Fed James Bullard gives a presentation on the U.S.
economy and monetary policy before the Glasgow Chamber of
Commerce.
Saturday 21
G-20 finance ministers and central bankers meet in Buenos Aires.
Trade war talks are likely to be the main topic of discussion.
Week's Highlight
Monday 16 President Trump and Russian leader Vladimir Putin are
expected to meet in Helsinki.
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(END) Dow Jones Newswires
July 14, 2018 06:15 ET (10:15 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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