Important economic data this week include:
- The July ADP employment report released on Wednesday measures private sector employment;
- The Federal Reserve's interest rate meeting on Thursday morning is the focus of the market and may have an impact on monetary policy;
- The number of initial jobless claims and the ISM manufacturing purchasing managers' index (PMI) released on Thursday night reflect the health of the labor market and manufacturing industry respectively;
- The July unemployment rate and non-farm payrolls report released on Friday.
These data have a far-reaching impact on the market and are worth paying attention to for short-term traders and investors.