What's coming up in the week ahead
The second week of the month is always a let-down from the excitement of Week 1 on the economic calendar but there are still a few highlights before earnings start in two weeks.
Here's what USD traders will need to watch.
Monday:
Consumer credit
Tuesday:
NFIB small business optimism
JOLTS
Wednesday:
PPI
Wholesale trade
Fed's Williams
Thursday:
Initial jobless claims
CPI
Monthly budget statement
Fed's Kashkari and Harker
Friday:
Import price index
U Mich sentiment
Fed's Bostic
The big one is CPI. We're near the high-water mark of some one-off factors and with oil prices rising, there could be an upside surprise.
For more on what's expected, check out the economic calendar.
