Analytics, 30 August 2021
What will drive the markets this week?
Equity markets rebounded last week on positive comments from Federal Reserve Chair Jerome Powell and strong earnings reports.
As the earnings season ends, investors will digest several key economic reports including the August nonfarm payrolls report in the US and consumer sentiment in Europe, and manufacturing reports from around the world.
Several tech companies, including Zoom, CrowdStrike, NetEase, MongoDB, Veeva Systems, DocuSign, Okta, and Asana report earnings this week.
Here is a quick summary of events that will drive markets this week.
Monday, August 30:
- EA Economic and Consumer Sentiment (August).
- U.S. Pending Home Sales (July).
- China Non-Manufacturing PMI (August).
- Japan Industrial Production (July).
- Earnings: Zoom, Li Auto, and H&R Block.
Tuesday, August 31:
- U.S. Case-Shiller Home Price Index (July).
- China Caixin Manufacturing PMI (August).
- Japan Consumer Confidence (August).
- India GDP Growth (Q2).
- EA Inflation (August).
- Earnings: CrowdStrike, and NetEase.
Wednesday, September 1:
- U.S. ISM Manufacturing Report (August).
- U.S. Vehicle Sales (August).
- India Markit Manufacturing PMI (August).
- EA Markit Manufacturing PMI (August).
- EA Unemployment (July).
- Earnings: Hormel Foods, Campbell Soup, MongoDB, Veeva Systems, Okta, and Asana.
Thursday, September 2:
- U.S. Jobless Claims.
- China Caixin Services PMI (August).
- EA Producer Price Index (July).
- Broadcom, Hewlett Packard, and DocuSign.
Friday, September 3:
- U.S. Nonfarm Payrolls (August).
- U.S. Markit Services PMI (August).
- U.S. Non-Manufacturing PMI (August).
- India Markit Services PMI (August).
- EA Markit Services PMI (August).