Global companies like Toyota, Bayer, Lufthansa, BP, HSBC, Spotify, Pfizer, McDonald’s, Caterpillar, and SpaceX report earnings. US economic data, incl…
Global Earnings: Several global companies are set to release financial results, including Toyota Motor (Q1), Bayer (Q2, 10:30 AM IST), Lufthansa (Q2, 10:30 AM IST), BP (Q2, 11:30 AM IST), HSBC Holdings (Q2, 11:30 AM IST), Spotify (Q4, 4:00 PM IST), Pfizer (Q2, 4:15 PM IST), McDonald’s (Q2, 4:30 PM IST), Caterpillar (Q2, 4:00 PM IST), Amgen, AMD, Booking Holdings, DuPont, Gilead Sciences, Mattel, Paramount Skydance, Sysco, Pinterest, Continental AG, Zalando, Rotork and Cenergy Holdings (1:30 PM IST). SpaceX will report its first earnings as a public company at 2:00 AM IST Wednesday. (Image: AI)
United States data: A busy day for US economic data is scheduled for tomorrow, with the June 2026 Foreign Trade Balance due at 6:00 PM IST, followed by Durable Goods Orders at the same time. Later in the evening, Factory Orders and JOLTS Job Openings data are both scheduled for release at 7:30 PM IST. Together, these releases will offer fresh insights into US trade flows, manufacturing demand, and labour market conditions, and could influence investor sentiment across global markets. (Image: wikipedia)
Wall Street rallies: US stocks opened higher on Monday after President Donald Trump said he had halted planned military strikes on Iran and would resume talks with Tehran, easing geopolitical tensions. The Dow Jones gained more than 600 points, while the S&P 500 and Nasdaq also advanced. Oil prices slumped, with Brent and WTI crude falling over 5%, boosting investor sentiment. Treasury yields edged lower as concerns over energy-driven inflation eased, while markets turned their focus to upcoming corporate earnings and US labour market data. (Image: wikipedia)
Crude extends losses: Oil prices plunged on Monday after US President Donald Trump said he had called off a planned large-scale strike on Iran and would instead begin fresh talks with Tehran, easing fears of an immediate supply disruption. Brent crude fell as much as 7.3% to $81.55 a barrel before recovering to around $84, while WTI dropped 4.6% to $80.76. Prices also came under pressure after OPEC+ approved a modest production increase, although risks to shipping through the Strait of Hormuz remain elevated. (Image: wikimedia)
FII flows rebound: Foreign institutional investors (FIIs) turned net buyers in July after months of sustained selling, supported by a fading AI-driven rally in markets such as Taiwan and South Korea, improving valuations and a stronger macro backdrop. Cooling crude oil prices, softer US bond yields and better-than-expected corporate earnings have improved sentiment towards Indian equities. The rebound in the Nifty IT index has also helped revive investor interest. Meanwhile, RBI’s dollar swap facility has received $40.8 billion so far, with total foreign exchange inflows expected at $80-85 billion, lending support to the rupee—a key positive for foreign investors. (Image AI)
