Weekly calendar 03/06~03/10/2017
We have a moderate week for economic data, featuring the employment report on Friday.
The “A” List
- Employment situation (F). Despite +/- 100K sampling error and multiple revisions, this is seen as most important data
- ADP private employment (W). Good independent alternative to the BLS numbers
- Initial jobless claims (Th). Not the same time period as the Friday report.
The “B” List
- Trade balance (T). Attracting more interest in the Trump era
- Wholesale inventories (W). Desired or undesired? That is always the question.
- Factory orders (M). January data. Modest gain expected.
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Crude inventories (Th). Recently showing even more impact on oil prices. Rightly or wrongly, that spills over to stocks.
FedSpeak will be light and earnings season is ending. Employment will be the big story.