Key Macro Events This Week: PMI, ADP, Fed Minutes, Jobs & Housing Data
This week features June S&P Global Services PMI, ADP employment, Fed meeting minutes, jobless claims, existing home sales, and the IEA monthly report. Earnings season is one week away.
The coming week is packed with macro data releases. Monday brings the June S&P Global Services PMI. Tuesday sees the ADP Employment Change report. Wednesday is the release of the Federal Reserve's latest meeting minutes.
Thursday features both weekly initial jobless claims and June existing home sales data. Friday wraps up with the IEA Monthly Report. Additionally, the market is now one week out from the start of earnings season.
These events will be closely watched for insights into economic momentum, labor market health, and monetary policy direction.
Source: The Kobeissi Letter