A look at the day ahead in U.S. and global markets from Mike Dolan
rose in line with world markets, but mainland China indices continue to stumble under a cloud. China's industrial profits extended this year's double-digit pace of declines into a sixth month, falling almost 17% for the year through June.* European Central Bank policy decision, followed by press conference from President Christine Lagarde
* U.S. corp earnings: Exxon Mobil, Chevron, Proctor & Gamble, Colgate Palmolive, T Rowe Price, Aon, Centene, Franklin Resources, Newell Brands, Church & Dwight, Charter Communications * U.S. Q2 gross domestic product, weekly jobless claims, June durable goods orders, June pending home sales, June wholesale/retail inventories, Kansas City July business surveys
* U.S. Federal Reserve Board holds open meeting to discuss proposed rules to implement the Basel III banking agreement* Italy's Prime Minister Giorgia Meloni meets U.S. President Joe Biden in WashingtonBy Mike Dolan; Editing by Toby Chopra [email protected]. Twitter: @reutersMikeDOpinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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