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What's Happening Tomorrow?

Upcoming S&P500 Earnings Releases:

Before the Bell: Lowe's Companies (LOW), J.M. Smucker Co. (SJM), Staples, Inc. (SPLS), Target Corp. (TGT).

After the Bell:Hewlett-Packard (HPQ), L Brands, Inc. (LTD)

There are very important data releases.

US:

-  Don’t Miss!!! The world is waiting for Fed’s FOMC July Meeting Minutes. Hope we will know more about Fed’s decision on QE.

-  Another important release is Existing Home Sales by National Association of Realtors. It measures annualized number of residential buildings that were sold during the previous month, excluding new construction.

China

-  HSBC Flash Manufacturing PMI by Markit Economics. It measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.