Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025

The first full week of August promises to be eventful for investors. Global stock indices have approached local highs, and market participants are hoping for a continuation of positive momentum. The focus now shifts to key economic events—fresh inflation data from several countries, trade news (including the implementation of new tariffs by the U.S.), and the Bank of England's interest rate decision—as well as the ongoing corporate earnings season in the U.S., Europe, and Russia. These statistical releases and reports from major companies will help determine market sentiment and adjust forecasts for stock performance. Below is a detailed overview of each day of the week (Monday to Friday) with a schedule of key macroeconomic publications and corporate earnings (indicating which are released before market open and which after market close).

Monday, August 4, 2025

Key Economic Events:

Public holidays in the UK and Canada (Bank Holiday, Civic Holiday) – trading on these exchanges will not take place.
09:30 (Switzerland): Consumer Price Index (CPI) for July. A key inflation indicator in Switzerland that may impact the Swiss National Bank's policy and the franc's exchange rate.
10:00 (Turkey): Consumer Price Index (CPI) for July. Inflation data in Turkey is crucial for assessing the country's monetary policy and the lira's dynamics.
11:30 (Eurozone): Sentix Investor Confidence Index for August. Reflects the mood of European investors and analysts at the beginning of the month.
17:00 (USA): Factory Orders for June. An indicator of demand for manufactured goods in the U.S., affecting GDP forecasts.

Corporate Earnings:

Before market open: Palantir Technologies, BioNTech, Tyson Foods, ON Semiconductor. Morning reports will set the tone for the week: Palantir will report amid hype around AI, BioNTech will present results following a vaccine boom, while Tyson and ON Semiconductor's data will showcase consumer demand trends for food and chips, respectively.
After market close: Vertex Pharmaceuticals, Williams Companies, Axon Enterprise, Diamondback Energy. Investors will examine a wide range of results from biotechs (Vertex) and security technologies (Axon) to energy (Williams – gas transportation, Diamondback – oil extraction). These reports will provide initial insights into different sectors at the week's start.

Commentary: Monday starts relatively quietly. The absence of trading in London and Toronto reduces volumes on global markets, and key macroeconomic releases are limited to local inflation data. Markets will primarily receive signals from individual corporate stories: the results from Palantir and other companies after market close may set the tone for the start of the week. Special attention will be paid to Palantir, whose business is riding the wave of interest in artificial intelligence, and to oil and gas reports (Diamondback, Williams) reflecting the state of the commodities sector.

Tuesday, August 5, 2025

Key Economic Events:

02:00 (Australia): Services and Composite PMI for July. Early indicators of economic activity in Australia.
02:50 (Japan): Release of minutes from the previous Bank of Japan meeting. Investors will closely analyze the discussion details to assess the future monetary policy of the BoJ.
03:30 (Japan): Services and Composite PMI (July). Will indicate the state of Japan's economy in the services sector at the beginning of Q3.
04:45 (China): Caixin PMI indices in services and Composite (July). Important private indicators of activity in China's small and medium-sized businesses.
08:00 (India): Services and Composite PMI (July). Data on the Indian economy—one of the fastest-growing—increases interest in service demand dynamics.
09:00 (Russia): Services and Composite PMI indices (July). Show the state of the Russian services sector in a changing economic environment.
10:55 (Germany): Final services and Composite PMI indices (July). Will confirm or adjust the preliminary assessment of the state of Europe's largest economy.
11:00 (Eurozone): Final Composite PMI and services PMI (July) for the entire Eurozone. Will indicate growth (or contraction) rates in the European services sector in mid-summer.
11:30 (UK): Final PMI Services/Composite indices (July). An important barometer of the UK economy in the services sector against a post-Brexit reality.
12:00 (Russia): Announcement by the Central Bank of Russia regarding foreign currency purchases/sales volumes in August. The regulator's decision influences the ruble's exchange rate and liquidity.
12:00 (Eurozone): Producer Price Index (PPI) for June. The growth rates of wholesale prices signal potential future consumer inflation in Europe.
15:30 (USA): Trade Balance for June. Data on exports/imports will affect the U.S. GDP assessment, especially in light of changes in trade policy.
16:00 (Brazil): Final S&P Global PMI indices in services and Composite (July). Assessment of business activity in the largest economy in Latin America.
16:30 (USA): Final S&P Global services PMI (July). Complements the picture of the state of the American services sector.
17:00 (USA): ISM Services Index (July). A key indicator of the services sector's state in the U.S.; special attention on employment and price components.
23:30 (USA): API report on weekly oil inventories. Unofficial data from the American Petroleum Institute could influence oil prices ahead of the official report.

Corporate Earnings:

Before market open: Caterpillar, Pfizer, BP, Eaton Corporation, Siemens Energy. The morning block features an industrial giant (Caterpillar), a pharmaceutical leader (Pfizer), a European oil and gas major (BP), an electrical equipment manufacturer (Eaton), and an energy corporation (Siemens Energy). This range across sectors will provide a broad view of demand resilience—from global machinery and healthcare to energy.
After market close: Advanced Micro Devices (AMD), Amgen, Arista Networks. Evening reports will come from leaders in their respective fields: AMD will present results amid high chip demand, Amgen—one of the largest biotechs—will show pharmaceutical business dynamics, while the Arista Networks report will provide insights into demand for networking infrastructure equipment.

Commentary: On Tuesday, global service sector PMI indices—spanning from Asia to Europe and the U.S.—will take center stage, shaping the outlook for the global economy heading into the latter half of the year. Investors will also receive important external trade data from the U.S., particularly relevant given new trade barriers. Amid this, the corporate earnings season continues: results from Caterpillar and BP will indicate how the industrial and oil sectors are faring, while AMD and Amgen's results after hours will provide guidance on technology and biotech sectors. The diverse financial metrics slated for Tuesday will help assess whether a balance persists between robust consumer demand and pressures (such as high rates and inflation).

Wednesday, August 6, 2025

Key Economic Events:

07:30 (India): Reserve Bank of India’s decision on the key interest rate. An unchanged rate is expected; however, the regulator's comments will clarify its assessment of inflation and economic growth in India.
09:00 (Germany): Industrial Orders for June. An indicator of demand for goods in Germany's manufacturing sector, reflecting the industry's condition in the leading EU economy.
16:00 (Russia): Release of the minutes from the last meeting of the Bank of Russia. The document will reveal discussions on monetary policy and the regulator's stance on future steps (especially in light of the recent interest rate change).
16:45 (Canada): S&P Global services and Composite PMI indices (July). Late data on the Canadian economy will provide additional insight into the North American services sector.
17:30 (USA): Official EIA report on oil and petroleum product inventories for the week. Closely monitored by the commodities market, it may trigger fluctuations in oil prices.
19:00 (Russia): Consumer Price Index (CPI) for July. Monthly inflation data in Russia—acceleration or deceleration will affect expectations for further actions from the Central Bank and the ruble's exchange rate.

Corporate Earnings:

Before market open: Novo Nordisk, McDonald’s, Shopify, Sony Group, Honda Motor. Wednesday morning will see reports from several regions: Danish pharmaceutical giant Novo Nordisk will present results amid demand for diabetes and obesity drugs, American fast-food leader McDonald’s will report on sales amid changing consumer behavior, Canadian e-commerce platform Shopify will show online retail dynamics, Japanese conglomerate Sony will reflect the state of the technology and media sector, while Honda Motor will present global car sales and production data.
After market close: Walt Disney, Uber Technologies, Airbnb, DoorDash, Applovin, Lyft. The earnings season culminates: investors will focus on Disney's results (entertainment and streaming), as well as several companies in the "sharing economy"—from ride service Uber to rental housing services (Airbnb) and food delivery (DoorDash). Applovin, a mobile app developer, and Uber's competitor, Lyft, will also report. These quarterly reports will provide a wide perspective on consumer demand in services and the digital economy.

Commentary: Wednesday will be one of the critical days of the week. From the morning, markets will focus on news from Asia, Europe, and the U.S.: strong data from Novo Nordisk may influence the pharma sector, while McDonald's report could become an indicator of consumer activity in the fast-food segment. The day's macroeconomic news will be relatively moderate, but the Central Bank of Russia's protocol and the Indian rate decision will be of interest to investors from emerging markets. By evening, the informational backdrop will significantly strengthen: reports from Disney and major players in the services/technology sectors will set the tone for Wall Street. For instance, if Disney reports an increase in subscribers and revenue, it could strengthen confidence in recovering consumer spending. Results from Uber and Airbnb will indicate whether travel and entertainment demand remains robust. Thus, on Wednesday, investors will receive extensive material for assessing market prospects in light of the absence of major global central bank decisions.

Thursday, August 7, 2025

Key Economic Events:

USA: The increase in tariffs on imports of certain goods from dozens of countries comes into effect. This action by the U.S. administration marks a new escalation in trade disputes and may prompt retaliatory measures, impacting global trade.
06:00 (China): Trade data for July (exports and imports). Chinese export/import statistics will signal global demand and the condition of the second-largest economy; particularly crucial after the implementation of new tariffs.
09:00 (Germany): Industrial Production for June. The output indicator from Germany's factories and plants; a decline in production may raise recession fears in the EU, while growth will support the euro.
11:00 (Eurozone): ECB Economic Bulletin. The regulator will publish a detailed overview of the economic situation and inflation trends in the region, clarifying the ECB's rationale after its last meeting.
14:00 (UK): Bank of England's interest rate decision and monetary policy report. The BoE is likely to continue its fight against inflation—its decision and rhetoric will affect pound dynamics and sentiment in European markets.
15:30 (USA): Initial Jobless Claims (week ending August 2). Weekly labor market indicator; persistently low claims will confirm employment strength, while a rise may signal an initial cooling of the labor market.
16:15 (UK): Press conference by Bank of England Governor Andrew Bailey. Bailey's comments regarding the economy and inflation will influence investors' expectations for further regulatory actions.
17:00 (Canada): Ivey PMI Business Activity Index for July. A composite indicator for Canada's economy—an additional piece of the global PMI puzzle this week.
17:30 (USA): EIA report on natural gas inventories (week). Important for assessing supply and demand balance in the energy market (gas).
18:00 (USA): New York Fed's inflation expectations index (July). Shows how Americans view inflation developments a year ahead—an important signal for the Federal Reserve.

Corporate Earnings:

Before market open: Siemens AG, Toyota Motor, Eli Lilly, Adidas. Thursday morning will see reports from several global companies: German industrial conglomerate Siemens will present its results for Q3 FY2025 (a signal about the state of machinery and automation), automotive giant Toyota will report for the quarter amid supply chain challenges and vehicle demand, pharmaceutical corporation Eli Lilly will provide data (key interest—sales of new drugs, including diabetes treatments), and Adidas will report as a consumer sector leader (sports apparel and footwear), providing insights into global retail trends.
After market close: Gilead Sciences, ConocoPhillips, Motorola Solutions, Monster Beverage. The evening block focuses on pharmaceuticals, energy, and consumer sectors: Gilead will present successes in biopharmaceuticals (including sales of blockbuster drugs and progress on new developments), oil and gas company ConocoPhillips will show profits amid fluctuating oil prices, Motorola Solutions will report on demand for telecommunications equipment and software solutions for businesses, while beverage manufacturer Monster will report on revenue dynamics in the global beverage market.

Commentary: Thursday will see macro and micro factors overlapping. In the morning, Asian markets will react to statistics from China—any signs of export slowdown will heighten fears for global growth. The Bank of England's decision and comments will become the day's central event for the currency market and European assets, especially if the regulator surprises with the scale of a rate hike or unexpected softness/hardness in rhetoric. The imposition of U.S. tariffs adds to the nervousness: investors will evaluate the potential impact of tariffs on corporate profits. On the corporate front, the day's reports cover a wide range of sectors: morning publications from Siemens and Toyota will provide insight into industry and automotive sectors, while evening reports from Gilead and ConocoPhillips will reflect the health of the pharmaceuticals and oil industries. If, for example, Lilly and Gilead report strong sales, it will support healthcare sector stocks, while ConocoPhillips' results will be an indicator for the whole energy sector. Thus, Thursday could set market direction ahead of the final session of the week, intertwining trade war risks, signals from central banks, and corporate surprises.

Friday, August 8, 2025

Key Economic Events:

USA–Russia: The deadline set by the U.S. President for resolving the conflict in Ukraine expires. Donald Trump had previously threatened to impose new sanctions against Russia by this date if no progress is made. The markets in the CIS and the ruble's exchange rate will be particularly sensitive to possible sanction news.
20:00 (USA): Baker Hughes data on the number of active drilling rigs for the week. A traditional weekly wrap-up for the oil and gas sector: changes in the number of rigs signal trends in oil and gas production in North America.

Corporate Earnings:

Before market open: Major corporate earnings on the last day of the week are virtually absent. Among the few expected morning publications are results from some mid-level companies, but no participation from global "heavyweights."
After market close: No significant reports are scheduled.

Commentary: On Friday, a week rich in events comes to a close, and investors will focus on geopolitical risks and the results of the data received. The potential imposition of U.S. sanctions against Russia could shake the commodities markets and the ruble's exchange rate locally, although the global impact of this factor will depend on the scale of the measures. Corporate sector reports are minimized on this day, so the market will primarily react to macro news and overall sentiment. The daily session will be influenced by the information accumulated over the week: market participants will assess whether expectations regarding corporate profits and economic indicators were justified. The concluding data on drilling rigs from Baker Hughes will provide a final note for oil industry players, reflecting sector sentiment. Overall, after a series of PMIs, signals from regulators, and prominent reports, Friday will become a day of reflection: investors will consolidate the week's results and adjust their strategies ahead of the new five-day trading session.

Weekly Summary for Investors

The week from August 4 to 8, 2025 encompassed a wide range of macroeconomic events and corporate earnings, providing investors with a comprehensive understanding of the global economy's state. The ongoing earnings season demonstrated how justified high valuations of companies are: technology and pharmaceutical giants reported on demand dynamics for innovative products, while industrialists and oil producers highlighted the influence of commodity prices and tariffs on their profits. Simultaneously, inflation data (from Switzerland, Turkey, Russia) and business activity indicators (PMI) from key countries presented a mixed picture: in some areas, growth is slowing, while in others, resilience persists. The Bank of England's decision and signals from other central banks underscored that the fight against inflation continues, although regulators' approaches differ. Against this backdrop, trade conflicts re-emerged as a focal point—U.S. tariff increases reminded investors of the ongoing risks to global trade. For CIS investors, geopolitical factors were particularly significant: Washington's rhetoric on Ukraine and potential sanctions against Moscow added extra volatility to regional markets. By the end of the week, the market has formed a clearer outlook: identified "weak spots" (e.g., in production data or cautious forecasts from certain companies) will be factored into valuations, while positive surprises (successful earnings reports or slowing inflation) supported risk appetite. Overall, despite heightened uncertainty, a careful analysis of the week's events allowed investors to respond promptly to changes and prepare for new challenges that may arise in the second half of the quarter.