Economic data to watch out for

Economic data was the driver of financial markets this week as the ISM manufacturing and non-manufacturing surveys made huge waves.

The week ahead doesn't have as much top-tier data but sensitivity will remain high to any big misses.

Monday is light:

  • Consumer credit
  • Monthly budget statement

Tuesday:

  • PPI

Wednesday:

  • JOLTS
  • Wholesale sales
  • FOMC minutes

Thursday:

  • CPI
  • Weekly jobless claims
  • US-China trade talks begin

Friday:

  • U Mich prelim sentiment

The ones to watch will be the FOMC Minutes, CPI (including earnings), and the U Mich survey. The US-China talks are undoubtedly the most-important data overall.