High volatility expected
Thursday with the Producer Price Index ex Food & Energy (YoY) at 8:30 AM EST, crucial for inflation outlook following recent softer CPI data boosting Fed rate cut bets.
Friday features major events: the
Trump-Putin meeting at 8:00 AM EST for geopolitical risk amid ongoing tariff concerns, Retail Sales (MoM) and Control Group at 8:30 AM EST, and Michigan Consumer Sentiment at 10:00 AM EST, following July's rebound. Fed speeches today and
Thursday offer monetary policy insights.
Traders should closely watch
Thursday's PPI data at 8:30 AM EST for inflation cues, potentially influencing Fed rate outlook.
Friday's 8:30 AM EST Retail Sales and 10:00 AM EST Michigan Sentiment are critical for gauging consumer strength, while the 8:00 AM EST
Trump-Putin meeting could trigger significant geopolitical volatility, impacting global markets.