High-impact Retail Sales arrive in 4 days on Tuesday at 8:30 am EST, followed by critical Manufacturing and Services PMIs in 6 days on Thursday at 9:45 am EST. Today, Friday, Fed's Daly and Waller speak at 12:30 pm and 2:00 pm EST. Traders should monitor Tuesday’s data for consumer cooling to gauge rate cut timing; a beat likely boosts the USD. Tighten stops as high volatility is expected during the 8:30 am and 9:45 am EST windows.
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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.