Pivotal week: CPI, NFP, major bank earnings to influence markets.

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The stock market is set for a significant week starting from January 13, 2025, with a lineup of crucial economic indicators and earnings reports that investors should keep a close watch on. On Monday, January 13, the Manufacturing PMI is expected to edge up to 50.5 from last month’s 50.3, providing investors with insights into the manufacturing sector’s health, which could influence industrial stocks.

Tuesday, January 14, brings the ISM Non-Manufacturing PMI, forecasted at 55.0, a slight decrease from 55.5. Given the service sector’s weight in the economy, this report could impact investor sentiment in sectors like finance, healthcare, and technology.

Midweek, on Wednesday, January 15, the release of the FOMC Meeting Minutes will offer a glimpse into the Federal Reserve’s recent discussions, potentially affecting expectations for future monetary policy and influencing bond yields and stock market trends.

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Thursday, January 16, will see the Weekly Jobless Claims report, with expectations around 220,000 claims, similar to last week’s 218,000. This data is key as it reflects the labor market’s strength, often lifting market confidence when claims are low.

Also on Thursday, the Consumer Price Index (CPI) report is due, with analysts expecting a year-over-year increase of 3.1%, down slightly from last month’s 3.2%. This inflation indicator is critical as it can influence monetary policy decisions, causing ripples across interest-sensitive sectors.

The week will conclude with the Non-Farm Payrolls (NFP) report on Friday, January 17, with projections for about 200,000 jobs added, a decrease from the previous month’s 223,000. This report is always a market mover, shaping views on economic health and Fed policy.

On the corporate earnings front, major banks like JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are scheduled to release their quarterly results this week. These earnings are particularly important as they provide early insights into the financial health of the banking sector, which can set the tone for the broader market. Given the banks’ role in the economy, their performance can significantly sway investor sentiment.

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Investors should also remain vigilant for any unexpected geopolitical developments or policy changes from global economies, as these can introduce market volatility. Additionally, statements from Federal Reserve officials could provide further guidance on market expectations.

This week’s economic data releases, including the CPI, and the earnings from major banks, will offer a detailed overview of both economic conditions and the financial sector’s performance, making it a pivotal time for investment decisions.

Sources:
https://www.marketwatch.com/economy-politics/calendars/economic
https://www.investing.com/economic-calendar/

https://www.bls.gov/news.release/cpi.nr0.htm

https://tradingeconomics.com/united-states/manufacturing-pmi

https://tradingeconomics.com/united-states/non-manufacturing-pmi

https://www.federalreserve.gov/monetarypolicy/fomcminutes.htm

https://www.dol.gov/ui/data.pdf

https://www.bls.gov/cpi/

https://www.bls.gov/news.release/empsit.nr0.htm

https://www.jpmorganchase.com/ir/quarterly-earnings

https://investor.bankofamerica.com/quarterly-earnings

https://www.citigroup.com/citi/investor/quarterly/2025/qer2025.htm

https://www.wellsfargo.com/about/investor-relations/earnings/


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