Short week ahead but packed with macro catalysts that'll move markets.
Tuesday 6/30:
• 3:30 PM - Canada GDP
• 5:00 PM - CB Consumer Confidence
Wednesday 7/1:
• 5:00 PM - $USD ISM Manufacturing PMI
• 5:30 PM - Crude Oil Inventories
• Also: China Manufacturing PMIs, Eurozone Flash CPI
Thursday 7/2 - THE BIG ONE:
3:30 PM - Non-Farm Payrolls + Unemployment Rate + Average Hourly Earnings
This is your week's main event. NFP will dictate Fed expectations, $DXY direction, yields, equities, and crypto. If labor market shows weakness, risk-on. If it stays hot, expect hawkish repricing and volatility.
Friday 7/3:
US markets closed for July 4th.
What matters:
• Manufacturing data = economic momentum check
• Consumer confidence = spending power signal
• Oil inventories = energy volatility trigger
• Thursday jobs report = THE catalyst
Expect chop and whipsaw around these prints, especially Thursday. Position accordingly or stay flat. Don't get caught on the wrong side of NFP. 👀
Tuesday 6/30:
• 3:30 PM - Canada GDP
• 5:00 PM - CB Consumer Confidence
Wednesday 7/1:
• 5:00 PM - $USD ISM Manufacturing PMI
• 5:30 PM - Crude Oil Inventories
• Also: China Manufacturing PMIs, Eurozone Flash CPI
Thursday 7/2 - THE BIG ONE:
3:30 PM - Non-Farm Payrolls + Unemployment Rate + Average Hourly Earnings
This is your week's main event. NFP will dictate Fed expectations, $DXY direction, yields, equities, and crypto. If labor market shows weakness, risk-on. If it stays hot, expect hawkish repricing and volatility.
Friday 7/3:
US markets closed for July 4th.
What matters:
• Manufacturing data = economic momentum check
• Consumer confidence = spending power signal
• Oil inventories = energy volatility trigger
• Thursday jobs report = THE catalyst
Expect chop and whipsaw around these prints, especially Thursday. Position accordingly or stay flat. Don't get caught on the wrong side of NFP. 👀