Economic Calendar: Wall Street awaits US CPI report and speech by Kevin Warsh (14.07.2026)

Investor attention today is focused on the June U.S. CPI report, due at 1:30 PM GMT. Goldman Sachs forecasts suggest that the report may be interpreted as moderately dovish. The most important inflation component, housing costs, continues to slow, while the automotive sector has exerted mild disinflationary pressure. Oil prices have also fallen sharply from their recent peaks.

Only selected services, such as airfares and hotels, continue to show notable price pressure, but not enough to change the broader picture. Goldman Sachs believes that some of the recent favorable inflation data may have reflected seasonal effects, meaning that a single report would not yet confirm a lasting return of inflation to the Fed’s target.
GS expects headline CPI to rise by 3.8% year-over-year and core CPI by 2.8%. On the other hand, oil prices have rebounded by more than 20% from their recent low, which could lead investors to view even a favorable CPI report as partly outdated.

Macroeconomic data

11:00 AM GMT – United States: NFIB Small Business Optimism Index, forecast: 95.7, previous: 95.3.
1:15 PM GMT – United States: ADP weekly employment change, forecast: none, previous: 21,000.
1:30 PM GMT – United States: CPI inflation year-over-year, forecast: 3.8%, previous: 4.2%.
1:30 PM GMT – United States: CPI inflation month-over-month, forecast: -0.1%, previous: 0.5%.
1:30 PM GMT – United States: core CPI inflation year-over-year, forecast: 2.8%, previous: 2.9%.
1:30 PM GMT – United States: core CPI inflation month-over-month, forecast: 0.2%, previous: 0.2%.
1:55 PM GMT – United States: Redbook Index year-over-year, forecast: none, previous: 11.5%.

Corporate earnings

11:35 AM GMT – JPMorgan Chase: Q2 2026 earnings.
11:40 AM GMT – Wells Fargo: Q2 2026 earnings.
11:45 AM GMT – Bank of America: Q2 2026 earnings.
12:25 PM GMT – Goldman Sachs: Q2 2026 earnings.
1:00 PM GMT – Citigroup: Q2 2026 earnings.

Central bank speakers

3 PM GMT – Kevin Warsh, Federal Reserve Chair
3:30 PM GMT – Christopher Waller, Federal Reserve.
5:40 PM GMT – Austan Goolsbee, Federal Reserve.
6:30 PM GMT – Susan Collins, Federal Reserve.
7:55 PM GMT – Michelle Bowman, Federal Reserve.
9:00 PM GMT – Andrew Bailey, Bank of England.

Other events

9:00 PM GMT – Planned start of the U.S. naval blockade of Iran.

EUR/USD chart (D1 interval)

Oil prices have rebounded by more than 20% from their recent low near $70, supporting further declines in EUR/USD and strengthening the U.S. dollar. EUR/USD is trading below two key moving averages: the EMA200, shown by the red line, and the EMA50, shown by the orange line, signalling a medium-trend downtrend.

Source: xStation5

Corporate earnings calendar for the full week, July 13-17, 2026

Source: XTB Research

Source: Goldman Sachs

14 July 2026, 9:08 AM

What do institutional investors expect? BofA FMS investor sentiment hits its highest level since February

14 July 2026, 8:12 AM

Chart of the day 🚩 Cocoa rebounds despite rising ICE inventories and improving weather in Africa

14 July 2026, 7:41 AM

⬆️Oil prices sharply up after Iran escalation

14 July 2026, 7:12 AM

Morning Wrap: US Indices rise ahead of CPI and Fed Chair Warsh speech (14.07.2026)

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days