Economics That Will Move Markets This Week

Overnight Sunday, China released their Manufacturing Index and once again it was sub 50. That was below estimates and not too exciting to see. In addition, Japan’s Tankan Survey was a -3, where a reading below zero show businesses that are pessimistic outnumber those that are optimistic.

We will see if the U.S. can pull a rabbit out of its hat with its manufacturing numbers this week. All reports that have been leading up to this ISM Manufacturing release show that there should be a continuation of the contraction and analysts agree.

More importantly we will see FOMC minutes and then the employment situation at the end of the week. Hold on tight….