Super Central Bank Week and Earnings Week Looming: US, UK, Japan's Top Three Central Banks Announce Rate Decisions, Meta, Amazon, and SK Hynix Earnings Reports Intensively Released

BlockBeats News, July 26th. Soaring energy prices, new U.S. tariffs, and a surge in AI capital spending have once again raised global investors' concerns about inflation. Brent crude oil broke through $100 for the first time in two months, falling back to $98.38 per barrel by the end of the week, still up nearly 12% for the week. The market expects the Fed, the Bank of England, and the Bank of Japan to keep interest rates unchanged next week, but federal funds rate futures indicate a 35% probability of a 25 basis point rate hike by the Fed next week, with a September rate hike already fully priced in.

On the macro front, next week will see consecutive interest rate decisions from the Fed, the Bank of England, and the Bank of Japan, along with key data releases such as U.S. Q2 GDP, June core PCE, Eurozone Q2 GDP, and July CPI. The key events and data release schedule is as follows:

Tuesday 8:15 pm ET: U.S. ADP Employment Change for the week ending July 11.

Thursday 2:00 am ET: FOMC Rate Decision; 2:30 am ET: Fed Chair Powell holds a press conference; 7:00 am ET: Bank of England Rate Decision, Meeting Minutes, and Monetary Policy Report; 8:30 pm ET: U.S. Initial Jobless Claims, June Core PCE, Personal Spending, and Q2 GDP.

Friday: Bank of Japan Rate Decision and Outlook Report (time TBD); 2:30 am ET: BOJ Governor Kuroda holds a press conference; 10:00 pm ET: U.S. Final University of Michigan Consumer Sentiment Index for July and 1-year Inflation Expectations.

Meanwhile, SK Hynix will release its Q2 earnings report on July 29th at 8:00 am UTC, Meta, Microsoft, Robinhood, Qualcomm, and Arm will report earnings after the U.S. market close on Wednesday, and Apple, Amazon, Coinbase, Reddit, and Roblox will report earnings after the U.S. market close on Thursday.

Investors will be closely watching the AI capital spending and investment returns of tech giants. Alphabet has already raised its capital spending outlook for the year to $205 billion, and the related spending plans and negative free cash flow have raised market concerns.