What to Expect in the Week Ahead(Earnings from AZZ and Vista Energy; Fed Speakers, Jobless Claims, and Budget Data)

Moomoo Breakfast US wrote a column · Jul 6 18:13

What to Expect in the Week Ahead(Earnings from AZZ and Vista Energy; Fed Speakers, Jobless Claims, and Budget Data)

Earnings Preview

$AZZ Inc (AZZ.US)$ will release its earnings post-market on July 9. The company is expected to report solid revenue growth, driven by infrastructure and energy sector demand. Margins may be pressured by higher input costs. Investors should monitor management’s guidance on order backlog and any updates on recent acquisitions.

$Vista Energy (VIST.US)$ will report post-market on July 10. Analysts expect the company to benefit from higher energy prices, supporting both revenue and earnings growth. However, volatility in commodity markets remains a risk. Investors will be looking for production guidance and any updates on capital expenditure plans.

Macroeconomic Events

Next week's U.S. macroeconomic calendar is relatively light but features several key releases and Fed speeches that could influence market sentiment. On Monday, the Fed Balance Sheet will be updated, with the previous level at $6.67 trillion. Tuesday brings the API Crude Oil Stock Change, previously at 0.68 million barrels.

On Wednesday, attention turns to the MBA 30-Year Mortgage Rate, which last stood at 6.79%, and the Initial Jobless Claims report, expected to rise slightly to 243,000 from the previous 233,000, signaling potential softening in the labor market.

Thursday will feature speeches from Fed officials Musalem, Waller, and Daly, with investors watching closely for any policy signals.

Finally, on Friday, the Monthly Budget Statement is due, with the deficit forecast to widen to $350.0 billion from the prior $316 billion. With a holiday-shortened week and thin liquidity, market volatility may be elevated as investors focus on labor trends and fiscal signals.