๐จ Trader Alert: Key Events This Week!
Monday, 10:30 AM EST โ Powell Speaks ๐ฃ๏ธ
Federal Reserve Chairman Jerome Powell sets the tone for the markets today.
Traders will watch for signals on rate cuts versus hawkish signals.
Tuesday, 10:00 AM EST โ Double Data Drop ๐
1) JOLTS Job Openings โ a measure of labor demand ๐ทโโ๏ธ
Below 7 million? Indicates a slowdown in the labor market
2) Consumer Confidence Index โ measures willingness to spend ๐ณ
Weak reading = dovish narrative
Wednesday Morning โ Market Training ๐ฌ
ADP Non-Farm Employment, 8:15 AM ๐ข
Retail Sales (February), 8:30 AM ๐
Weak data = easier monetary policy
Strong data = resilient economy
Friday, 8:30 AM EST โ March Jobs Report (NFP) ๐ฐ
Moderate forecast: +45K jobs, unemployment rate 4.5%, wages +0.3%