The First Slice for Monday, January 30, 2023

This week promises to be an eventful one, with some of the world’s largest companies – including Apple, Google, Amazon, and Meta Platforms – reporting their earnings. ExxonMobil, Pfizer, UPS, McDonald’s, Caterpillar, Starbucks, Ford, and General Motors will also release their financials next week.

At the same time, the U.S. labor market, which has been a central focus of the economic recovery since the start of the pandemic, will also be in the spotlight. Reports such as the December JOLTS report, ADP’s National Employment Report tracking private sector payrolls, and the January nonfarm payrolls report will all be watched closely.

The Federal Open Market Committee (FOMC) will also gather for its first policy meeting of 2023, where it is widely expected to raise interest rates by 25 basis points. The latest updates on home prices, with the Case-Shiller National Home Price Index for November, as well as PMI readings from the Institute for Supply Management (ISM) will also be released.

All in all, this week will provide a wealth of information on the state of the economy, with the results of these reports likely to shape the outlook for the rest of the year. Investors, analysts, and policymakers will be eagerly scrutinizing the latest developments and their implications for the financial markets, the labor market, and the economy as a whole.

Events Calendar:

Monday, January 30

  • NXP Semiconductors (NXPI), GE Healthcare Technologies (GEHC), Alexandria Real Estate Equities Inc. (ARE), Canon Inc. (CAJ), Principal Financial Group (PFG), Ryanair Holdings (RYAAY), and Franklin Resources Inc. (BEN), and Whirlpool Corporation (WHR) report earnings
  • Dallas Fed Manufacturing Index (Jan)

Tuesday, January 31

  • ExxonMobil (XOM), Pfizer (PFE), McDonald’s (MCD), United Parcel Service (UPS), Amgen (AMGN), Caterpillar (CAT), Advanced Micro Devices (AMD), Stryker Corporation (SYK), Chubb Ltd. (CB), Mondelez International (MDLZ), UBS (UBS), and General Motors (GM) report earnings
  • Employment Cost Index (Q4 2022)
  • S&P Case-Shiller National Home Price Index (Nov)
  • Freddie Mac House Price Index (Nov)
  • CB Consumer Confidence Index (Jan)
  • Chicago Purchasing Managers’ Index (PMI) (Jan)
  • Day 1 of FOMC Meeting

Wednesday, February 1

  • Meta Platforms (META), Novo Nordisk (NVO), Thermo Fisher Scientific (TMO), Novartis (NVS), T-Mobile Inc. (TMUS), Sony Corp. (SONY), Altria Group (MO), GSK (GSK), MetLife Inc. (MET), Banco Santander (SAN), and Aflac (AFL) report earnings
  • JOLTS Report (Dec)
  • ADP National Employment Report (Jan)
  • S&P Global Manufacturing PMI (Jan)
  • ISM Manufacturing PMI (Jan)
  • Vehicle Sales (Jan)
  • Day 2 of FOMC Meeting; Interest Rate Decision

Thursday, February 2

  • Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Eli Lilly (LLY), Merck (MRK), Gen Digital (GEN), Royal Dutch Shell (SHEL), Bristol-Myers Squibb (BMY), ConocoPhillips (COP), Qualcomm (QCOM), Honeywell International (HON), Starbucks (SBUX), Gilead Sciences (GILD), and Ford Motor Company (F) report earnings
  • Challenger Job Cuts (Jan)
  • Factory Orders (Dec)
  • ECB Policy Meeting and Interest Rate Decision
  • BOE Policy Meeting and Interest Rate Decision

Friday, February 3

  • Sanofi (SNY), Cigna Corporation (CI), Regeneron Pharmaceuticals (REGN), Aon (AON), Zimmer Biomet Holdings (ZBH), Church & Dwight Co. (CHD), and CBOE Global Markets Inc. (CBOE) report earnings
  • U.S. Nonfarm Payrolls Report (Jan)
  • ISM Non-Manufacturing (Services) PMI (Jan)

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