Wednesday (today) features high-impact ADP Employment at 8:15 am, Retail Sales at 8:30 am, and ISM Manufacturing at 10:00 am. Jobless claims arrive Thursday (tomorrow) at 8:30 am. In two days, Friday’s Nonfarm Payrolls at 8:30 am will likely shift Fed rate expectations. ISM Services PMI follows Friday and Monday at 10:00 am. Traders should monitor NFP for USD volatility and tighten stop-losses during these 8:30 am and 10:00 am EST windows to manage data-driven swings.
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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.