Publication Date: July 17, 2026
In this weekend update from Money Care, we provide an overview of the key macroeconomic developments and releases that could influence the financial markets in the coming week.
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A look back at the past week:
Over the past week, the release of the U.S. Consumer Price Index (CPI) drew attention. This measure of inflation came in significantly lower than expected. In June, inflation fell by 0.4% on a month-over-month basis. On a year-over-year basis, inflation dropped from 4.2% in May to 3.5% in June. The market had expected a decline to 3.8%.
The key core consumer price index fell to 0.0% in June, while it had been expected to rise by 0.2%. Stock prices rose immediately following the announcement. Cryptocurrencies and the price of gold also rose.
In addition, the release of ASML’s quarterly results was a significant event. With a 15% weighting, ASML is a major component of the AEX Index. Furthermore, the results also provide insight into global developments in the AI sector. The results for the past quarter and the outlook for the future exceeded analysts’ expectations.
In the United States, major banks such as JPMorgan Chase and Goldman Sachs reported better-than-expected quarterly results.
Outlook for the coming week:
At the macroeconomic level, investors are looking forward to the European Central Bank’s interest rate decision on Thursday, July 23, at 2:15 p.m. The most likely outcome is that the ECB will leave interest rates unchanged. Inflation in the eurozone fell from 3.2% in May to 2.8% in June. Services inflation also declined to 3.2%. This gives the ECB room to first assess the impact of June’s rate hike.
The market will have a flood of corporate earnings reports to digest in the coming week. Among others, Alphabet, Tesla, and SAP will report their results. The calendar features earnings releases from the most influential companies.
The Economic calendar for Week 30
Below is an overview of the most important macroeconomic releases for the coming week. These figures may lead to increased volatility in the financial markets.
Monday, July 20, 2026:
Tuesday, July 21, 2026:
No major macroeconomic releases.
Wednesday, July 22, 2026:
United States:
Thursday, July 23, 2026:
Europe:
United States:
Friday, July 24, 2026:
Europe:
United States:
Please note that publication dates and times are subject to change. For the most up-to-date information, please consult the official communication channels of the relevant institutions and government agencies.
Disclaimer: Investinginvolves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. They are therefore intended for educational purposes only.