US Markets Week Ahead: Inflation, retail sales, home sales and earnings in focus
New Delhi, Aug. 9 -- Wall Street investors will have a busy week ahead, with a series of key economic indicators, corporate earnings and Treasury auctions likely to shape market sentiment.
Following unexpectedly weak US nonfarm payrolls data for July, investors will closely watch the latest inflation readings, housing-market figures, retail sales data and consumer sentiment survey for clues about the strength of the US economy and the Federal Reserve's next monetary policy move.
US money markets are currently pricing in about a 44% probability of a Federal Reserve rate hike in September, according to LSEG data. The latest economic releases could influence those expectations, particularly if inflation shows signs of accelerating or the l...
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