{"id":1549,"date":"2021-07-13T11:15:38","date_gmt":"2021-07-13T14:15:38","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1549"},"modified":"2021-07-13T11:15:40","modified_gmt":"2021-07-13T14:15:40","slug":"bank-profits-oil-supply-notice-and-inflation-data-due","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/13\/bank-profits-oil-supply-notice-and-inflation-data-due\/","title":{"rendered":"Bank profits, oil supply notice and inflation data due."},"content":{"rendered":"\n

Wyllian Capucci
13\/07\/2021<\/em><\/p>\n\n\n\n

Earnings, payments<\/strong><\/p>\n\n\n\n

Goldman Sachs Group Inc. and JPMorgan Chase & Co. Begin Earnings SeasonWall Street before this morning’s signal.\u00a0Although the revenue of the big banks is expected to fall,pulled down by a drop in trade, an increase in trading ratescan reduce the size of the impact on your bottom line.\u00a0There was mixed newsfor European bank shareholders, with the Bank of England saying there wasfully removed the limits on dividends, while the ECB signaled that it couldtake steps to ensure creditors avoid overpayments when thelimit is likely raised later this year.<\/p>\n\n\n\n

Needed boost<\/strong><\/p>\n\n\n\n

The International Energy Agency has warned that global oil markets should\u201cnarrow significantly\u201d unless there is an increase in production.\u00a0With OPECand its allies failing to reach an agreement on production, and with fewsigns of movement in time to allow an increase in August, oil inventoriesshould fall further below average levels.\u00a0At the market this morning, the barrel of the WestTexas Intermediate for August delivery was trading at $74.74<\/p>\n\n\n\n

Price increases<\/strong><\/p>\n\n\n\n

There is likely to be something for both sides of the inflation debate in the CPI numberof today.\u00a0The “transient” field will be pleased to see a small drop in the pace ofPrice Rises – Should Economists’ Predictions of Today’s Datashow correct – while those worried about persistent inflation will point outfor the continuation of a very high level of price growth.\u00a0the median ofEstimates for the total number dropped to 4.9% in June as core inflation rose.to 4%.\u00a0Data are published at 9:30 am, Bras\u00edlia time<\/p>\n\n\n\n

Mixed markets<\/strong><\/p>\n\n\n\n

Global stock meters are mostly pretty “silent” before the dataof profits and inflation.\u00a0Overnight, the MSCI Asia Pacific index rose 0.8%, whileJapan’s Topix index closed 0.7% higher, with equities in the region boostingfor a recovery in Chinese technology companies.\u00a0In Europe, the Stoxx 600 Indexremained virtually unchanged at 6:50 am as telecommunications stocks rose.by Nokia Oyj’s strong results.\u00a0S&P 500 futures pointed to lowchange at the opening, the 10-year treasury yield was at 1.366% and gold waslittle louder<\/p>\n\n\n\n

Coming<\/strong><\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari, Atlanta Fed President,Raphael Bostic and Boston Fed President Eric Rosengren all speak at 1:00 pm.\u00a0YouUS sells $24 billion worth of 30-year bonds at 2:00 pm.\u00a0just like the bigbanks, PepsiCo Inc. reports results today.<\/p>\n\n\n\n

Source:https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Wyllian Capucci13\/07\/2021 Earnings, payments Goldman Sachs Group Inc. and JPMorgan Chase & Co. Begin Earnings SeasonWall Street before this morning’s signal.\u00a0Although the revenue of the big banks is expected to fall,pulled down by a drop in trade, an increase in trading ratescan reduce the size of the impact on your bottom line.\u00a0There was mixed newsfor […]<\/p>\n","protected":false},"author":2,"featured_media":1092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1549"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1549\/revisions"}],"predecessor-version":[{"id":1550,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1549\/revisions\/1550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1092"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}