High-impact inflation data dominates next week. Tuesday, August 12, brings crucial CPI figures (MoM, YoY, Core) at 8:30 AM EST, expected to drive significant market volatility and influence Fed rate outlook. Wednesday, August 14, PPI data, including core YoY, is due at 8:30 AM EST, further shaping inflation narratives. Today, Thursday, watch for Initial Jobless Claims at 8:30 AM EST and Fed's Bostic speech at 10:00 AM EST. Tomorrow, Friday, UoM Consumer Inflation Expectations at 10:00 AM EST and Fed's Musalem speech at 10:20 AM EST are also key. Several other Fed speeches are scheduled throughout the week, offering monetary policy clues.
Traders should prioritize Tuesday's CPI release at 8:30 AM EST for potential market shifts, as it will heavily influence Fed rate hike expectations. Initial Jobless Claims today and UoM inflation expectations tomorrow provide immediate sentiment. Position cautiously around these critical inflation reports and Fed commentary.
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.