US Employment Cost Index Today | Fed, Eurozone CPI, ExxonMobil & Chevron Earnings, Options Expiry [oNuGaTRJsna]
Global markets head into the final trading day of July with investors digesting the Federal Reserve's latest policy decision, cooling Core PCE inflation, and a critical lineup of economic data and corporate earnings. Following the FOMC decision to keep interest rates unchanged at 3.50%–3.75%, attention now shifts to the U.S. Employment Cost Index (ECI), University of Michigan Consumer Sentiment, Chicago PMI, Eurozone CPI, and major earnings from ExxonMobil and Chevron. Traders are also preparing for heightened volatility as global monthly options expiry coincides with ongoing geopolitical tensions and elevated energy prices. 31 July 2026 | In this market update, we cover: Federal Reserve policy outlook after the July FOMC meeting Kevin Warsh's interest rate stance U.S. Employment Cost Index (ECI) expectations Wage inflation and labor market trends University of Michigan Consumer Sentiment Chicago PMI manufacturing data Eurozone CPI inflation preview European Central Bank policy outlook Apple and Amazon AI spending trends ExxonMobil and Chevron Q2 earnings Brent crude oil outlook and Strait of Hormuz supply risks Monthly options expiry and market volatility Stock market outlook for the S&P 500, Nasdaq and Dow Jones Gold, Treasury yields and U.S. Dollar outlook Stay informed with the latest macroeconomic developments, central bank policy, corporate earnings, energy markets, and geopolitical events shaping global financial markets. #federalreserve #fomc #Employment #CostIndex #eci #Inflation #eurozone #cpi #ecb #stockmarket #SP500 #nasdaq #dowjones #exxonmobile #Chevron #oilprices #brentcrude #Investing #Trading #marketnews #useconomy #optionsexpiry #shorts #youtube