$ERIC A (-1,21%)
$DPZ (-1,68%)
$JNJ (-0,96%)
$JPM (+1,87%)
$WFC (+2,22%)
$BLK (+0,33%)
$GS (+4,07%)
$C (+2,1%)
$MC (-1,81%)
$ASML (-0,02%)
$BAC (+1,46%)
$MS (+2,76%)
$JBHT (-1,06%)
$EQT (+0,11%)
$SRT (+1,35%)
$NESNE
$TSM (+1,4%)
$ABBN (+0,44%)
$UAL (+3,46%)
$TOM (-1,73%)
$VOLV B (+0,17%)
$AXP (+0,56%)
$SLBG34
$STT (+1,26%)

The week will be pure entertainment.

Monday:

• Release of the Empire State Manufacturing Index (July)
• Start of the Republican National Convention
• Statements by FED Chair Jerome Powell and San Francisco
  Fed President Mary C. Daly
• Quarterly results from Goldman Sachs ($GS (+4,07%) ), BlackRock ($BLK ) and Servis1st Bancshares ($SFBS )

Tuesday:

• Start of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of retail sales (June), business inventories (May), import/export prices (June) and the real estate market index (July)
• Quarterly results from UnitedHealth ($UNH (+1,21%)), Bank of America ($BAC (+1,46%)), Morgan Stanley ($MS (+2,76%)), Charles Schwab ($SCHW (+0,16%)), PNC Financial ($PNC (+2,56%)), State Street ($STT (+1,26%)) and J.B. Hunt Transport ($JBHT (-1,06%))
• Statements by FED Governor Adriana Kugler

Wednesday:

• End of of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of housing data (June) and industrial production (June)
• Publication of the FED Beige Book
• Quarterly results from Johnson & Johnson ($JNJ (-0,96%)), US Bancorp ($USB (+0,95%)), Kinder Morgan ($KMI (-1,55%)) and Discover Financial Services ($DFS)

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+1,4%)), Netflix ($NFLX (-1,61%)), Novartis ($NVS (-0,66%)), Abbott ($ABT (+0,58%)), United Airlines ($UAL (+3,46%)) and Intuitive Surgical ($ISRG (-1,06%))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+0,56%)), Travelers Cos. ($TRV (-0,04%)), Halliburton ($HAL (-2,43%)), Fifth Third Bancorp ($FITB (+1,13%)), Huntington Bancshares ($HBAN (+1,17%)) and Regions Financial ($RF (+1,93%))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗙𝗲𝗱 𝘄𝗶𝗲 𝗲𝗿𝘄𝗮𝗿𝘁𝗲𝘁 / 𝗣𝗮𝗸𝗲𝘁𝗲 𝘀𝗶𝗻𝗱 𝗴𝗲𝗳𝗿𝗮𝗴𝘁 / 𝗣𝗵𝗮𝗿𝗺𝗮𝗿𝗶𝗲𝘀𝗲𝗻 / 𝗞𝗿𝘆𝗽𝘁𝗼𝗵𝗮𝗻𝗱𝗲𝗹 𝗶𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗲𝗻

𝗜𝗣𝗢𝘀 🔔

Veganz - The Berlin-based company has now revealed the official issue price of €87 for its IPO on November 10. This results in gross issue proceeds of €47.6 million.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, América Móvil ($MV9L), Bank Of Princeton ($BPRN), Columbus McKinnon Corp. ($VC3 (+2,64%)), CMS Energy ($CSG (+0%)), Dana Corp. ($4DH (+0%)), First Commonwealth Bank ($FCF (+1,43%)), FirstEngergy ($FE7 (-1,23%)), Howmet Aerospace ($48Z (-0,86%)), Idacorp ($IDJ (+0,87%)), Intel ($INL (-7,3%)), J. B. Hunt ($JB1 (-1,06%)), Lamb Weston Holdings ($0L5 (+1,78%)), National Western Life ($NWLI) and Warrior Met Coal ($WJ4 (+2,78%)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Alibaba Group ($2RR (+1,45%)), Barrick Gold ($ABR), Citrix ($CTX), Commerzbank ($CBK (+1,29%)), Credit Suisse ($CSX), Deutsche Post AG ($DPW (-0,13%)), Elmos Semiconductor ($ELG (+2,7%)), Evonik ($EVK (+0,7%)), Expedia ($E3X1 (+1,42%)), Freenet ($FNTN (+0,22%)), Fujifilm ($FJI (-0,49%)), Hannover Re ($HNR1 (-0,39%)), HeidelbergCement ($HEI (+2,89%)), Hugo Boss ($BOSS (-0,1%)), ING ($INN1 (+0,52%)), Kellogg Company ($KEL (-0,11%)), Lanxess ($LXS (+1,93%)), Mitsubishi Motors ($MMO (-0,96%)), Moderna ($0QF (+1,86%)), Monster Beverage ($MOB (+0,52%)), Motorola Solutions ($MTLA (-1,41%)), Nikon ($NKN (+1,09%)), Peloton ($2ON (+3,09%)), Pfeiffer Vacuum ($PFV (+0,32%)), ProSiebenSat.1 Media ($PSM (-1,35%)), RTL Group ($RRTL (-0,86%)), Siemens Healthineers ($SHL (+0,23%)), Toyota ($TOM (+0,82%)) and Vonovia ($VNA (-0,02%)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Fed - As expected, the Federal Reserve decided to reduce its bond purchases. Instead of the previous $120 billion per month, only $105 billion will be invested in the purchase of government bonds and mortgage-backed securities starting in mid-November. Further cuts are planned from December.

Now all eyes are on possible interest rate hikes, but the ECB considers an increase in the key interest rate next year unlikely. Similarly, Deutsche Bank does not expect interest rates in the USA to be adjusted before December 2022.

Deutsche Post ($DPW (-0,13%)) - Deutsche Post stock has been on the upswing lately and it is one of the best performers of the day. The paper was able to improve by 2.8 percent and was at EUR 57.35 in the meantime. An average price target of EUR 64.72 is targeted. Analysts expect earnings of EUR four per share for 2022.

Roche ($RHO5 (-0,77%)) / Novartis ($NOT (-0,92%)) - In order to achieve full strategic independence, pharmaceutical giant Roche has repurchased from a competitor Novartis its Roche shares for 19 billion Swiss francs. It was agreed to buy back 53.3 million shares at a price of 356.9341 Swiss francs. Christoph Franz said that he is convinced that this planned transaction is in the best interest of Roche and its shareholders from a strategic and economic point of view.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Commonwealth Bank ($CWW (-0,07%)) - Australia's largest bank stated over the past day that they are working on making Bitcoin and other cryptocurrencies tradable for their customers in the coming weeks. Furthermore, they elaborated that they also want to offer it to their customers to store the cryptocurrencies for them. Initially, only Bitcoin ($BTC-EUR (-0,22%)), Bitcoin Cash ($BCH-EUR (+0,2%)), Ethereum ($ETH-USD (-0,55%)) and Litecoin ($LTC-EUR (-0,43%)) will be available. The implementation will take place in collaboration with Gemini, a U.S.-based company specializing in the safekeeping of crypto assets. Commonwealth Bank is by far the largest financial institution on the continent, with total assets of $688.4 billion, so this news is a big step for the crypto industry.

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