Today, Friday, at 8:30 am, Nonfarm Payrolls and Average Hourly Earnings will trigger high volatility as markets assess labor strength. Tomorrow, Saturday, Fed’s Bowman speaks at 12:45 pm. Next Wednesday at 8:30 am, critical CPI inflation data arrives, followed by Core PPI on Thursday at 8:30 am. Finally, Retail Sales on Friday at 8:30 am will gauge consumer resilience. These releases are pivotal for the Fed's September rate path amid cooling employment and persistent service costs.
Traders should brace for sharp moves in Treasury yields and the Dollar following today's NFP. If CPI on Wednesday surprises to the upside, expect a hawkish repricing of Fed expectations. Monitor Retail Sales on Friday for signs of economic slowdown that could heighten recession fears.
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.