Calendar 10/10~10/14/2016
We have a modest week for economic data, with some holiday effects included.
The “A” List
- FOMC minutes (W). Unlikely to provide fresh news, but will still be watched closely.
- Michigan sentiment (F). Good read on current employment and spending.
- Retail sales (F). Rebound in store?
- Initial claims (Th). The best concurrent indicator for employment trends.
The “B” List
- PPI (F). Not much is expected. This will not be important until we have a few “hot” months.
- Business inventories (F). August data, but relevant for GDP calculations.
- Crude inventories (W). Often has a significant impact on oil markets, a focal point for traders of everything.
Other news includes the Presidential debate on Sunday night and the start of earnings season. And of course, near-daily servings of FedSpeak.
