
Top of the Morning: Q2 earnings preview, Equity valuations, week ahead
UBS On-Air: Market Moves
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Analysis of June Jobs Report and Preview of Economic and Earnings Calendars
The chapter delves into the June jobs report findings including unexpected payroll growth, downward revisions in previous months, and an uptick in unemployment rate. Speculations on potential rate cuts by the Federal Reserve are discussed with expectations of a soft landing for the U.S. economy and predictions of two rate cuts, the first possibly in September. Subsequent economic and earnings events for the upcoming week are outlined, such as the Empire State Manufacturing Survey, retail sales data, housing market index, industrial production data, and earnings releases from major companies like Bank of America, Morgan Stanley, and Netflix.
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