Weekly Radar For The Week Of August 1st, 2022

Weekly Radar For The Week Of August 1st, 2022

over 1 year ago1 min

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Hey Finimizers,

This week earnings season is starting to slowly wind down and so far more than half of S&P500 companies have beaten analysts' estimates according to FactSet. Notable reports this week come from payment giant PayPal and chipmaker AMD on Tuesday as well as the world's biggest carmaker Toyota on Thursday.

On the economic front this week, the Bank of England's set to announce its latest interest rate decision on Thursday with it widely expected to hike by 0.5% to keep up with still rising inflation.

Key events we are watching this week:

  • Tuesday: Earnings from AMD, PayPal, Airbnb, Uber, BP
  • Wednesday: OPEC meeting, earnings from eBay, BMW, Honda, Nintendo
  • Thursday: Bank of England interest rate decision, earnings from Alibaba, Kellogg, Toyota
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