Crude Oil (CL)
+2.75%
July 30, 2026
AUGUST 2026 EVENTS
The 2nd Quarter earnings season continues in August with major companies still to post. Of the major companies remaining, Palantir (August 3), AMD and SpaceX (August 4), Walt Disney (August 5) and NVIDIA (August 26) will declare their earnings.
Possible Influence: Volatile US Stocks
The OPEC+V7 meeting will be held (Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman). This meeting comes at a pause in the most recent US strikes on Iran while the Strait of Hormuz remains largely closed. OPEC is expected to increase production again by around 188,000: the same amount it increased output by for June, July and August. Those production increases have not been fully implemented due to ongoing fighting and disruptions.
Possible Influence: Volatile Crude oil
The ISM Manufacturing PMI previous print was 53.3. The number was lower than the expected 53.8.
Possible influence: Volatile US Dollar, Gold, Silver and US Stocks
A top event for AI linked companies and engineers to gather to discuss industry themes such as AI infrastructure, data centres etc. and hold keynote speeches. The event will be held in Las Vegas and attended by top officials of companies such as NVIDIA, Google, Amazon, Microsoft, AMD and Meta.
Possible influence: US Stocks: NVIDIA, Google, Microsoft, Amazon, AMD and Meta
Hardware and Semiconductor infrastructure will be discussed at this AI event held in Santa Clara, California. Top companies such as Micron and SK Hynix will participate.
Possible influence: US Stocks: Micron, SK Hynix
The previous month (June) saw unemployment decline to 4.2%. Nonfarm Payrolls for the previous month (June) printed 57,000, much lower than forecasts for 114,000.
Possible Influence: Volatile US Dollar, Gold, Silver and US Stocks
The RBA will meet to decide on interest rates. The current rate is 4.35%. Current expectations are that the RBA could pause rates at current levels, although there is a possibility that rates will increase in the coming months.
Possible Influence: Volatile AUD/USD
Top-line Year on Year CPI for June came in at 3.5%, below the expected 3.8%. Core CPI (excluding food and energy) was 2.6% Year-on-Year in June.
Possible Influence: Volatile US Dollar, Gold, Silver and US Stocks
Month-over-Month Retail Sales was at 0.2 % in June, which was in line with expectations.
Possible Influence: Volatile US Dollar, Gold, Silver and US Stocks
The annual symposium in Wyoming brings together central bankers, finance ministers and economists from around the world. The theme this year is Financial Innovation: Implications for Payments and Policy.
Expected attendees include Fed Chair Kevin Warsh and other top bank officials from the UK, EU, Japan, Canada and other countries. Markets will watch out for signals from top officials on the possible path of interest rates, inflation and the US and global economy.
Possible Influence: Volatile Stocks, Gold, Silver and US dollar