Economic Calendar: Warsh's Big Week (13.07.2026)

The upcoming week is pivotal for FOMC policymakers, with significant data releases and events that could influence monetary policy decisions. A key focus will be on the semi-annual report by Fed Chair Kevin Warsh before the US Congress, which may provide insights into potential interest rate hikes.

Key Events Schedule

• Tuesday:
  • 1:30 PM - Federal Reserve statement release
  • 3:00 PM - Warsh's testimony before the House of Representatives
• Wednesday:
  • 3:00 PM - Warsh's testimony before the Senate
• Important Data Releases:
  • Tuesday: US CPI inflation for June
  • Wednesday: PPI inflation data
  • Thursday: Retail sales data
  • Friday: Industrial production data

By the end of the week, these data points will provide a clearer picture of the US economy, potentially influencing the FOMC's stance on interest rates.

Macroeconomic Publications

The week starts off relatively calm, with few macroeconomic readings. However, speeches from FOMC members, including Christopher Waller and Michelle Bowman, are expected to draw attention.

Market Overview

As the week progresses, several key markets will be in focus:

• Oil: Prices of key energy commodities have risen nearly 5%, nearing local highs, influenced by geopolitical developments.
• US100: Following declines in Asia, the US market is anticipated to open lower.
• EURNOK: The Norwegian krone has begun to strengthen, driven by rising energy prices.

Earnings Reports

The earnings season is set to kick off, with reports expected from major companies such as:

• BitMine Immersion Technologies ($BMNR.US) - after market close
• Richtech Robotics ($RR.US) - after market close
• American Resources Corporation ($AREC.US) - after market close