🚨 NEXT WEEK COULD SET THE TONE FOR OCTOBER
Five straight days. Five major U.S. catalysts.
And each one could completely change what the market expects from the Fed.
Monday: ISM Services PMI, expected around 55.7, with services inflation still at elevated levels.
Tuesday: ADP Employment, another important test of whether the U.S. labor market is finally starting to ease.
Wednesday: FOMC minutes, and markets will look for any clues about how aggressive the Fed could become from here.
Thursday: Jobless claims, another direct read on whether layoffs are starting to accelerate.
Friday: Michigan inflation expectations, after expectations over the next year jumped to 4.6%.
The outlook is volatile, as hot inflation data keeps rate-hike concerns alive, while weak employment data raises fears that the economy is breaking down.
Five straight days. Five major U.S. catalysts.
And each one could completely change what the market expects from the Fed.
Monday: ISM Services PMI, expected around 55.7, with services inflation still at elevated levels.
Tuesday: ADP Employment, another important test of whether the U.S. labor market is finally starting to ease.
Wednesday: FOMC minutes, and markets will look for any clues about how aggressive the Fed could become from here.
Thursday: Jobless claims, another direct read on whether layoffs are starting to accelerate.
Friday: Michigan inflation expectations, after expectations over the next year jumped to 4.6%.
The outlook is volatile, as hot inflation data keeps rate-hike concerns alive, while weak employment data raises fears that the economy is breaking down.
