FOMC Minutes arrive Wednesday at 2:00 pm, offering crucial insight into the Fed's rate path amid sticky inflation concerns. Volatility peaks Friday at 9:45 am with S&P Global Manufacturing and Services PMI releases. Tuesday features housing and industrial data starting at 8:30 am, while Jobless Claims on Thursday at 8:30 am test labor market resilience. Traders are monitoring these prints closely as markets price in potential autumn policy shifts following recent hawkish Fed commentary.
Prioritize defensive positioning ahead of Wednesday’s minutes to hedge against hawkish surprises. Watch for a breakdown in Friday’s Services PMI; a significant miss could trigger recessionary fears, while a beat may bolster the "higher for longer" narrative, impacting Treasury yields and tech valuations.
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.