It will be a tidal wave of earnings and economic data next week. | investingLive

Next week will be the biggest week for news and earnings for this quarter.

In addition to the FOMC rate decision at 2 PM on Wedneday followed by the Fed Chair press conference, the US employment data will be released on Friday at 8:30 AM.

Also scheduled for release:

Tuesday:

Australia CPI (9:30 PM ET on Tuesday night). Estimate 0.8% versus 0.9% last month. Year on year 2.1% versus 2.1% last month

Wednesday:

ADP nonfarm payroll employment change. 8:15 AM ET. 75K vs -33K last month.
Advance GDP 2Q: 8:30 AM ET. Estimate 2.5% versus -0.5% last quarter
Bank of Canada rate decision. 9:45 AM ET. No change is expected at 2.75%
FOMC rate decision. 2 PM ET. No change is expected at 4.5%
Fed Chair press conference: 2:30 PM ET.
Bank of Japan rate decision (variable) no change is expected

Thursday:

BOJ press conference
Canada GDP MOM. 8:30 AM ET. Estimate -0.1% versus -0.1% last month
US Core PCE price index. 8:30 AM ET. Estimate +0.3% versus 0.2% last month
US initial jobless claims. 8:30 AM ET. Estimate 220K vs 217K last month

Friday:

US Non for payroll change. 8:30 AM ET. Estimate 103K vs 147K last month
US unemployment rate 8:30 AM ET. Estimate 4.2% versus 4.1% last month.
US average hourly earnings. 8:30 AM ET. Estimate 0.3% versus 0.2% last month.
US ISM Manufacturing PMI. 10 AM ET. Estimate 49.5 versus 49.0 last month

As for earnings, four of the so-called Magnificent 7 will release with Meta, Microsoft, Apple, Amazon all scheduled to release. Other names include UnitedHealth, Boeing, Merck, Visa, Starbucks, MasterCard, Exxon and Chevron.

Below is a list of the key releases by day (and before or after the close).