Volatility Surge Likely as Markets Track Fed, Jobs and Growth SignalsView all comments (0)0Typically, in Monday’s Commentaries, we share a few paragraphs titled “The Week Ahead’ in a lower section. This week, the amount and importance of the data could have a meaningful impact on markets and the Fed. Thus, this week’s’ “The Week Ahead’ gets top billing. Let’s review the calendar:Monday: There is little economic or earnings data to digest.Tuesday: JOLTs data will help us better gauge the breadth of the labor market. Earnings releases from Visa (NYSE:V), Procter & Gamble (NYSE:PG), and Unitedhealth Group (NYSE:UNH)Wednesday: ADP data is the first look at June employment trends. This data set has been considerably weaker than the BLS. Following a decline of 33k jobs, Wall Street only expects a gain of 20k jobs this month. Second-quarter GDP is expected to increase by 2.5%, after declining by 0.5% in the first quarter. The FOMC will announce its rate decision. While the market expects no change, investors will closely watch for signs indicating whether a September rate cut is becoming more likely. Earnings from Microsoft (NASDAQ:MSFT), META (NASDAQ:META), and Qualcomm (NASDAQ:QCOM) will be significant.Thursday: PCE prices, the Fed’s preferred inflation gauge, are expected to increase by 0.3%. Apple (NASDAQ:AAPL), AMAN, MC, and AbbVie (NYSE:ABBV) headline earnings releases.Friday: The BLS report is expected to show a gain of 110,000 jobs, but a 0.1% increase in the unemployment rate. Chevron (NYSE:CVX) and Kimberly-Clark (NASDAQ:KMB) release earnings.Between this week’s labor and inflation data, corporate earnings, and new Fed guidance, the market has a lot of new information to digest. We should expect a healthy dose of volatility around many of the events we highlight.Port Traffic Slows: Tariffs Or Economy?Imports into the top 40 US ports have slowed significantly over the past couple of months. To wit, June port calls are the lowest since Covid, as shown below. Furthermore, the number of port calls tends to increase in the Spring and into Summer. This year they have been declining.This may allude to softer trade flows resulting from tariffs and shifting global supply chain patterns. Additionally, we might also question whether weaker consumption, as reflected in economic data, is a contributing factor. As tariff deals begin to materialize and trade normalizes, we can expect to see an increase in port calls.Moreover, the lull in imports likely means that companies have lower-than-normal inventories as we head into the holiday season. A pick-up in port calls could be sharp. Unless, of course, the economy is weaker than the current data allude to.Tweet of the DayOriginal PostVolatility Surge Likely as Markets Track Fed, Jobs and Growth SignalsView all comments (0)0Latest commentsInstall Our AppScan QR code to install appRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.© 2007-2025 - Fusion Media Limited. All Rights Reserved.