August 6, 2020

Looking Ahead: Economic Reports for the Week of Nov. 5

ECONOMIC REPORTS Data to be released will include I.S.M. service for October (Monday); consumer credit for September (Wednesday); weekly jobless claims and the trade deficit for September (Thursday); and import prices for October, wholesale trade for September and Thomson Reuters/University of Michigan consumer sentiment index (Friday).

CORPORATE EARNINGS Companies scheduled to release quarterly earnings include HSBC, Humana, Toyota MotorAOL, BMW, Cablevision, CVS Caremark, Dish Network, Nissan Motor, NYSE Euronext, Office Depot and News Corporation (Tuesday); Kraft Foods, Macy’s, Molson Coors, Time Warner, WellPoint, CBS and Qualcomm (Wednesday); Kohl’s, Siemens, Walt Disney, Groupon and Nordstrom (Thursday); and J.C. Penney (Friday).

IN THE UNITED STATES On Monday, a federal judge in Madison, Wis., will begin hearing testimony on Apple’s contention that Google breached its obligations to license so-called essential patents.

On Friday, the Agriculture Department will release its monthly report on crop supply and demand.

OVERSEAS On Monday, finance ministers and central bank officials from the Group of 20 will meet for a second day in Mexico City.

On Wednesday, Chancellor Angela Merkel of Germany will address the European Parliament in Brussels and the European Commission will publish new economic forecasts.

On Thursday, the European Central Bank and the Bank of England will issue interest rate decisions.

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