Powell Testimony, Central Bank Meetings, Bullish Apple - What's Moving Markets

3 Sectors Set To Report Explosive Growth As Q2 Earnings Season Ramps Up

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📚 Daily Digest  |  Wednesday, Jul 14, 2021

Powell Testimony, Central Bank Meetings, Bullish Apple - What's Moving Markets

© Reuters.

Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen begin two days of Congressional testimony, a day after another inflation shock from the U.S. Producer price data for June may or may not corroborate the picture given by the consumer price report on Tuesday. The Reserve Bank of New Zealand said it will stop its bond buying program ahead of schedule, adding to the list of central banks around the world removing emergency measures. Apple (NASDAQ:AAPL) is reportedly planning a big increase in iPhone production this year. And Citigroup, Bank of America (NYSE:BAC) and Wells Fargo (NYSE:WFC) all report earnings, along with Delta Air Lines (NYSE:DAL). Here's what you need to know in financial markets on Wednesday, 14th July.

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Stock Market U.S. Futures Mixed; Powell Testimony and Bank Earnings in Focus By Peter Nurse Investing.com - U.S. stocks are seen opening mixed in tight trading Wednesday, ahead of eagerly-awaited testimony from Fed chair Jerome Powell as well as more... Stock Market U.S. Senate democrats release discussion draft to federally legalize cannabis (Reuters) - U.S. Senate Majority Leader Chuck Schumer and two other top democratic senators on Wednesday released a discussion draft of a bill that aims to make cannabis legal on... Stock Market Nike Loses Court Spat Over EU Crackdown on Tax Affairs (Bloomberg) -- Nike Inc (NYSE:NKE). failed to topple a European Union decision to probe its tax affairs amid a crackdown on allegedly unfair fiscal deals for big companies. The...

Today's Top Analysis

3 Sectors Set To Report Explosive Growth As Q2 Earnings Season Ramps Up By  Jesse Cohen/Investing.com    |    Jul 14, 2021 Opening Bell: U.S. Futures Up Slightly Despite Stronger Inflation; USD Slides By  Pinchas Cohen/Investing.com    |    Jul 14, 2021 Need A Strategy To Hedge Downside Risk? Try A Buffer ETF By  Tezcan Gecgil/Investing.com    |    Jul 14, 2021 Oil Price Outlook: Watch China, The Silent Bear By  Barani Krishnan/Investing.com    |    Jul 14, 2021 Read More Analysis »

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