Tuesday’s S&P Global Manufacturing and Services PMI tomorrow at 9:45 am are the week's highest-impact events. Monday features Fed's Goolsbee today at 8:30 am, while Thursday in 3 days brings Jobless Claims at 8:30 am followed by a wave of Fed speakers including Jefferson and Logan. Friday's Michigan Consumer Sentiment at 10:00 am provides key inflation expectations. Market focus remains on whether data supports a "higher for longer" stance amid persistent service-sector strength.
Monitor Tuesday’s PMI for expansionary signals that could bolster the Dollar and pressure equities. Prepare for choppy price action during Thursday's concentrated Fed communications. Use Friday's inflation expectations to hedge against potential shifts in consumer outlook.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.