What to Watch in the Day Ahead - Wednesday, September 4
The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT
U.S. investors will look forward to the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report. Job openings likely fell 84,000 to 8.100 million in July. Separately, Commerce Department data is expected to show factory orders in July rose 4.7% after falling 3.3% in the previous month. Another report from the same department might show the country's international trade deficit expanded to $79 billion in July from $73.1 billion in June.
Google and the Justice Department are expected to propose a schedule for the next phase of the blockbuster antitrust case, where enforcers will seek to remedy the company's monopoly in online search and related ads. The parties are likely to submit a Joint Status Report, which could contain a schedule for proceedings regarding remedies.
Hewlett Packard Enterprise is likely to post a rise in its third-quarter revenue as the company benefits from growing demand for its AI-powered servers capable of high-performance computing, which can power artificial intelligence applications.
Discount retailer Dollar Tree is expected to post a rise in second-quarter revenue, helped by steady demand at its stores. Investors will look for comments on demand, the impact of input costs, supply chain disruption and shrink trends, comments on the sale of Family Dollar business, and annual forecasts.
Pfizer CFO Dave Denton is expected to speak at the Morgan Stanley 22nd Annual Global Conference in New York. Investor focus will be on comments about any significant development in the company's pipeline or deals. At the same event, Biogen CFO Michael McDonell and development head Priya Singhal are also scheduled to speak. Investors will look out for any comments on its Alzheimer's drug and the company's pipeline.
Skippy peanut butter maker Hormel Foods is likely to report a marginal drop in third-quarter revenue as demand recovers for its pantry staples and condiments.
Online vehicle auction services provider Copart is scheduled to report higher fourth-quarter revenue as vehicle sales continue to rise. Investors would be interested to know how the company's salvage vehicle sales have grown in the quarter and if they will provide any guidance.
On the Canadian economic calendar, the Bank of Canada is scheduled to announce its monetary policy decision. Economists expect the central bank to cut its key interest rate by 25 basis points for a third straight meeting to 4.25%. Additionally, Statistics Canada is likely to report that the country recorded a trade surplus of C$800 million in July, compared with June's C$640 million.
For Latin America's largest economy, Brazil, S&P Global Services and Composite PMI readings for August are scheduled for release. Separately, the country's statistics agency IBGE is set to report industrial output data, which is projected to fall 0.9% in July after rising 4.1% in the month prior. On a yearly basis, industrial output likely rose 6.3%.
LIVECHAT – REUTERS GLOBAL MARKETS FORUM
Equities Watch with Reuters market correspondents in London and New York. (1000 /1400) To join the conversation, email us here.
Compiled by Malini K; Editing by Tasim Zahid
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
