Today, Tuesday, Consumer Confidence and Pending Home Sales are due at 10:00 AM EST. Tomorrow, Wednesday, prepare for high volatility with critical Core PCE inflation data and GDP Annualized at 8:30 AM EST, alongside Initial Jobless Claims. The Fed's Beige Book follows at 2:00 PM EST. Next Monday, ISM Manufacturing PMI is a key release at 10:00 AM EST. These releases are crucial for shaping Fed rate outlooks and market direction amidst ongoing inflation concerns. Traders should monitor these inflation and growth indicators closely for potential volatility and shifts in monetary policy expectations.
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.