• Earnings season kicks off alongside a rare mix of critical macro releases.

• Tuesday: iPhone 17 launch plus a wave of key earnings reports.

• Wednesday and Thursday: PPI and CPI inflation data releases.

The coming week could prove to be one of the most significant for financial markets, with a rare overlap between major corporate earnings reports and critical U.S. inflation data. Any deviation from expectations—whether in earnings or macro results—could fuel volatility and directly influence market expectations regarding Federal Reserve interest rate policy.

Monday: A Calm Start

The week begins on a relatively quiet note, with focus on Casey’s (CASY) earnings release. As a large retailer, Casey’s serves as an indicator of consumer health in the U.S. While its impact on the broader market may be limited, it sets the tone for earnings season and provides early insight into household spending trends.

Tuesday: Earnings Bonanza and iPhone Launch

Tuesday will be packed with events, headlined by Apple’s (AAPL) unveiling of the iPhone 17 series—a launch expected to affect not only Apple’s stock but also component suppliers and competitors across the tech sector. At the same time, Oracle (ORCL), GameStop (GME), Rubrik (RBRK), and FuelCell (FCEL) will report results, offering a snapshot of diverse industries from enterprise tech to renewable energy.

Wednesday: Producer Price Index (PPI)

Tensions rise with the release of the Producer Price Index (PPI), a key leading indicator for consumer inflation. A higher-than-expected reading could signal additional inflationary pressures. Chewy (CHWY) will also report earnings, providing another perspective on the resilience of U.S. consumers.

Thursday: Consumer Price Index (CPI) – The Main Event

The highlight of the week will be Thursday’s Consumer Price Index (CPI) report. The Federal Reserve places heavy weight on this indicator when making rate decisions. A stronger-than-expected number may reinforce expectations of prolonged higher rates, while a softer print could fuel hopes of monetary easing. On the corporate side, Adobe (ADBE), Kroger (KR), Lovesac (LOVE), and Vera Bradley (VRA) will release results, further enriching the picture of consumer conditions.

Friday: Consumer Sentiment

The week will conclude with the University of Michigan’s Consumer Sentiment Index, which includes inflation expectations. This data provides insight into how consumers perceive the economy and may influence both spending decisions and Fed policy outlooks