July 27 - The FOMC delivers it's decision on interest rates and later in the week, economists polled by Reuters predict U.S. employers added 100,000 new jobs in July.
We'll find out on Friday if unemployment lines across America stronger for the month of July after the jobs report Atlanta at 8:30 AM. Economists polled our borders predict 100000. Jobs were added this month. That's up from last -- 80000. Unemployment rate is also expected to remain stagnant at eight point 2%. We job creation has been concerned for the Obama administration. Especially in an election year where every -- can either help or hurt. For Wall Street -- -- employment report coupled with concerns over Europe's debt crisis. Could translate into a recipe for more volatility and turmoil. With a less than impressive GDP report behind it any daunting jobs report ahead that we'll be under pressure to offer solution. The FOMC is set to announce its decision on interest rates on Wednesday -- markets have been clamoring for more help from -- he and the game. But that may not be honestly -- What we could get from the Fed is a more dour assessment of health of the US economy and that depress the market for more substantial action. It's also possible that the Fed could tweak its pledge and how long it's gonna keep interest rates low they might say that they'll keep them at rock bottom levels -- even longer. More -- On indicators out next week including consumer confidence figured I SM services. Manufacturing data and investors will also -- to US auto sales on Wednesday this is a big week for auto makers Chrysler and GM posting quarterly results. GM also offered guidance on which region have been more profitable than others. Investors will -- and -- same store sales figures for US retailers including target cold and GAAP. Shoppers are willing to spend on back to school items. At a time when the US economy is equally. -- big media conglomerate Starr reporting results next week including -- every Time Warner Comcast and Viacom. And media stocks are on the rise marking a short turnaround from 2008 and 2009. As ad spending rebounds. Also on the earnings roll call AIG is likely to update investors on asset sales. And when I believe the US government will exit its 61% stake in the company. Also out results for the biggest videogame company Activision Blizzard the makers of call of duty and a World of Warcraft. With -- -- around and -- plans to sell its 61% -- -- pastures we're keeping a close watch on the company. Also don't miss earnings from Kellogg's Kraft at that PG and the year. And they went and tighter and -- TV throughout the week from war expert enough says. And reaction you can catch insider on Twitter at Reuters Insider. And check out -- -- is YouTube channel and ready dot com slash TV I'm -- mom this is prayers.