Monday's Market Minute: From Jobs To Inflation

As investors shift their focus away from the jobs report this past Friday, to the busy week ahead, at the top of the list of potential market movers we have some closely-watched data. Let's begin our look at the week ahead with numbers you should be watching.

This morning, we kick things off with Wholesale Inventories, and this afternoon we have Consumer Credit. Tuesday, we get a look at the NFIB Small Business Optimism Index; Wednesday, we have CPI, the MBA Mortgage Apps, the Atlanta Fed Inflation Expectations, Beige Book, and a 10-year note auction.

Thursday, weekly Jobless Claims, PPI, the 30-Yr Bond Auction, and the Fed’s Balance sheet will be in focus. Friday, keep an eye on Import and Export prices as well as Consumer Sentiment. The inflation data in the middle of the week will be the most closely watched, as it’s the last look at the inflation figures before the Fed meeting in a couple weeks. We also have a handful of Fed speakers ahead of the blackout period – we’ll hear from Michael Barr and Mary Daly.

This week, we kick off another round of corporate earnings with quarterly results from Delta Airlines DAL, PepsiCo PEP, Cintas CTAS, Conagra Brands CAG, Fastenal FAST, UnitedHealth UNH, and the official kickoff to earnings season with the banks reporting – keep an eye on JP Morgan JPM, and Citi C.

Lastly, keep an eye on U.S. yields. Last week, the 2-year got back to a 16-year high. We also saw the 10-year back above 4%, and while thus far the market has largely shrugged off higher rates, many would argue it's a matter of when, not if, they will become a headwind if this march higher in Treasuries continues.

Image sourced from Shutterstock

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.