Weekly calendar 10/3 ~10/7/2016
We have a very big week for economic data.
The “A” List
- Employment report (F). Rightly or wrongly, even rather small changes create large reactions.
- ISM Index (M). Rebound expected in a private indicator with some leading qualities.
- ADP private employment (W). A strong measure of employment changes, deserving of more respect.
- Auto sales (M). Private data on an important growth sector.
- Initial claims (Th). The best concurrent indicator for employment trends.
The “B” List
- ISM Services (W). Not as interesting as the manufacturing index, but only because the series is shorter.
- Construction spending (M). Important sector, but August data.
- Trade balance (W). Important part of the GDP calculation for Q3.
- Factory orders (W). Volatile August data, but an important sector.
- Crude inventories (W). Often has a significant impact on oil markets, a focal point for traders of everything.
Did you get enough FedSpeak after the FOMC meeting, the press conference, the speeches last week, and the Yellen Congressional testimony? No? If not, you will have several more opportunities to get even more transparency and clarity this week!
