USA: Week Ahead - Jul 27th.

The conflict between the US and Iran will remain in the spotlight as signs that talks could restart weighed against repeated strikes and naval blockades against vessels crossing maritime chokepoints, lifting energy prices and global inflation. Earnings by major companies should also dictate equity movements, including Apple, Microsoft, Amazon, Meta, and Samsung. Meanwhile, the Federal Reserve will set its July policy decision. This coincides with Q2 GDP data and the income and outlays report. Other US data includes CB consumer confidence, the trade balance, and employment costs. Similarly, the Bank of England will set its Bank Rate and the Eurozone is set to release GDP and inflation data. A busy week in Asia will be headlined by the Bank of Japan rate decision, while statistical authorities share industrial production, retail sales, and unemployment. The Chinese Communist Party will host its July Politburo meeting as a mid-year checkup. China will also post PMIs.