Updates from the FED and Earnings Data: This Week in Review

Another trading week has begun and, after Friday’s rally, almost everyone on Wall Street is anxious to see whether-or-not this upward momentum can continue in the hours and days ahead.

Join us today as we dive into the details of the week including the latest earnings data, updates from the FED, news from the Hill and more!

This Week in Review…

Marriner S. Eccles Federal Reserve Board Building
  • The week ahead starts off with a bang as big names such as Tyson Foods, Walmart and The Home Depot prepare to release their latest earnings data.
  • Another big event early in the week comes Tuesday when the economic data on import and export prices, retail sales, industrial production, business inventories and the National Association of Homebuilders housing market index makes its way to the public eye.
  • By mid-week, the earnings reports really ramp up with big retail names such as Lowes, Target, Shoe Carnival, Bath & Body Works, and Victoria’s Secret taking center stage among others.
  • Wednesday will also see some updates coming from FED representatives across the nation as many are set to share remarks…
  • New York FED president, Williams will give a virtual keynote alongside San Francisco FED president Mary Daly during their latest virtual fireside chat before the 2021 U.S. Treasury Market Conference.
  • Chicago FED president Charles Evans is set to speak about current economic conditions and monetary policy during a moderated Q&A with the Mid-Size Bank Coalition of America.
  • Atlanta FED president Raphael Bostic is set to give the closing remarks virtually before the Federal Reserve Community Development Research Seminar Series event.
  • Cleveland FED president Loretta Mester is prepared to give the opening remarks before the 2021 Financial Stability Conference.
  • Thursday sees more earnings coming out of the retail sector with big names like Kohl’s, Macy’s, and ROSS Stores all set to share the details of their latest earnings reports.
  • In D.C., President Biden is expected to host Canadian Prime Minister Justin Trudeau and Mexican President Adnres Manuel Lopez Obrador at the White House to continue discussions on the spread of the coronavirus. The leaders are also expected to cover economic growth, climate change and migration during their scheduled discussions.
  • Friday sees the week wrap up with more retail earnings from the likes of Foot Locker and The Buckle.

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As you can see, the week ahead has plenty to keep even the most talented trader busy as we make our way through the coming days. If you’d like to learn more about what this week may throw our way and new ways you could learn to play the markets, then we encourage you to join DTI founder and head trader Tom Busby below as he dives into the details of such topics during his latest broadcast.

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