FOMC Minutes arrive Wednesday at 2:00 pm EST, offering insight into the Fed's restrictive stance amid sticky inflation. Thursday at 9:45 am EST features high-impact S&P Global Manufacturing and Services PMI data. Today, Friday, NY Empire State Manufacturing and Industrial Production data hit at 8:30 am and 9:15 am EST. Tuesday features ADP data and a late 7:00 pm EST speech from Fed's Paulson. Traders are monitoring social media for any pre-minutes leaks or political commentary.
Focus on Wednesday's FOMC Minutes for clues on interest rate trajectories, as hawkish tones could strengthen the USD. Prepare for volatility in tech and growth stocks during Thursday's PMI releases. Monitor Thursday's jobless claims for signs of labor market softening.
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.