China and US agree to extend trade tariff truce, says Li
As traders approach another pivotal day for financial markets, Tuesday, July 22, 2025, is set to deliver a series of crucial economic events that could sway market dynamics. The spotlight falls on Federal Reserve Chair Jerome Powell’s scheduled speech, which is expected to provide valuable insights into the central bank’s monetary policy stance and economic outlook.
Major Economic Events to Watch
• 8:30 AM ET - Fed Chair Powell Speaks: Federal Reserve Chair Jerome Powell is set to deliver a speech, potentially offering clues about future monetary policy directions.
Other Important Economic Events to Watch
• 1:00 PM ET - FOMC Member Bowman Speaks: Federal Reserve Governor Michelle W. Bowman is scheduled to speak, possibly providing additional perspectives on monetary policy.
• 4:30 PM ET - API Weekly Crude Stock (Previous:19.100M): The American Petroleum Institute will release its weekly report on {{8849|U.S. crcrude oil inventories, offering insights into oil demand and supply dynamics.
Other Economic Events to Watch
• 8:55 AM ET - Redbook (Previous:5.2%): This index measures year-over-year same-store sales growth in large U.S. general merchandise retailers.
• 10:00 AM ET - Richmond Services Index (Previous:-4): This survey assesses business activity in the Fifth Federal Reserve District’s service sector.
• 10:00 AM ET - Richmond Manufacturing Index (Forecast:-3, Previous: -7): This index gauges manufacturing conditions in the Richmond Federal Reserve District.
• 10:00 AM ET - Richmond Manufacturing Shipments (Previous:-3): This component of the Richmond Manufacturing Index focuses specifically on shipments.
• 1:00 PM ET - US M2 Money Supply (Previous:21.94T): This measure of the money supply includes various financial assets held mainly by households.
For further information and the latest updates, please refer to our Economic Calendar, here.
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