INSUBCONTINENT EXCLUSIVE:
in monthly inflation, primarily due to decreases in food and industrial goods prices
feature the Bimonthly Revenue and Expenditure Assessment Report on Monday.This report will provide details on the amounts and sources of the
(Photo Internet reproductioin)Corporate Agenda HighlightsCorporate earnings announcements will intensify in the second week of the 2Q24
earnings season.Key reports include Vale (VALE3) and Carrefour (CRFB3), alongside initial bank results starting with Santander
any announcements of new orders in the commercial and defense segments during the event.US Economic Data: GDP, PCE, and Housing MarketIn the
US, the focus is on the second-quarter GDP and the Personal Consumption Expenditures (PCE) Price Index.Economists project that the PCE
deflator, scheduled for release on Friday, will rise by 0.14%, thus maintaining the annual inflation rate at 2.5%.Furthermore, the GDP for
the quarter is anticipated to reveal a 2.0% annualized growth rate, signaling a gradual economic slowdown.Additionally, the upcoming real
estate data will highlight the dynamics of the housing market and the purchasing capabilities of consumers.Global Economic IndicatorsThe
international economic calendar is less packed
Key releases include the S-P Global Composite PMI in Germany, the United Kingdom, and the Eurozone, along with both the Services and
AnnouncementMonday, July 228:25 AM Brazil: BCB Focus Report10:00 AM Brazil: Construction Industry Survey3:00 PM Brazil: Trade Balance9:30 AM
USA: Fed National Activity Index (June)Tuesday, July 2311:00 AM USA: Existing Home Sales (Monthly)8:00 AM Brazil: Weekly IPC-S Index11:00 AM
Confidence Index2:30 PM Brazil: Weekly Currency Flow4:30 AM Germany: Preliminary Composite PMI5:00 AM Eurozone: Preliminary Composite
PMI5:30 AM UK: Preliminary Composite PMI9:00 AM Mexico: Biweekly Consumer Price Index9:30 AM USA: Trade Balance and Preliminary Composite
PMI (June/July)Thursday, July 255:00 AM Brazil: Weekly IPC8:00 AM Brazil: Consumer Survey8:30 AM Brazil: Press Notes on External Sector IDP
and Current Transactions5:00 AM Germany: IFO Economic Sentiment Survey9:30 AM USA: Preliminary GDP (2Q), Weekly Unemployment ClaimsFriday,
July 268:00 AM Brazil: INCC-M, Construction Survey8:30 AM Brazil: Press Note on Monetary Policy and Credit Operations9:30 AM USA: Personal
Spending, Income, PCE Price Index, University of Michigan Confidence IndexUndatedBrazil: Tax and Contributions CollectionGermany: Retail
