@hamed
💎 Important Economic Events This Week:
Tuesday - December ISM Manufacturing PMI data
Wednesday - December ADP Nonfarm Employment data, November JOLTS Job Openings data
Friday - December Jobs Report, January MI Consumer Sentiment data
📝 This looks like a pivotal week for the markets. With the ISM Manufacturing data kicking things off, we'll get a clear signal on whether the industrial sector is finally stabilizing. However, the real spotlight remains on the labor market. The gap between Wednesday's ADP private payrolls and Friday's official Jobs Report often creates short-term volatility.
If we see a softening in JOLTS and the unemployment rate creeps up, it might give the Fed more conviction to maintain or even accelerate rate cuts. Definitely a week to keep a close eye on the DXY and yields
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