🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS 8:15 AM ET — 🇺🇸 ADP Weekly Employment Estimate 8:30 AM ET — 🇺🇸 Empire State Manufacturing 11:30…
🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS
8:15 AM ET — 🇺🇸 ADP Weekly Employment Estimate
8:30 AM ET — 🇺🇸 Empire State Manufacturing
11:30 AM ET — 🇺🇸 6-Week Treasury Auction
1:00 PM ET — 🇺🇸 20-Year Treasury Auction
4:30 PM ET — 🛢️ API Oil Inventories
All Day — 🏦 FOMC Meeting — Day 1
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🔥 20-YEAR TREASURY AUCTION — KEY EVENT
The $13B 20-year reopening is today’s biggest fixed-time test.
With long-term yields elevated, demand could have a significant impact across markets.
Weak demand → yields ↑ → stocks pressured
Strong demand → yields ↓ → stocks supported
🇺🇸 EMPIRE STATE
September manufacturing data provide an early look at U.S. factory activity.
A major surprise could move yields and the dollar, although attention is increasingly shifting toward the Fed.
🏦 FED — DAY 1
The FOMC begins its two-day meeting today.
No major Fed speakers are scheduled. The rate decision, dot plot and Powell press conference come Wednesday.
Watch the 2Y yield, 10Y yield, dollar and Fed-rate pricing.
🛢️ OIL
API inventories arrive after the close, ahead of Wednesday’s official EIA report.
With crude prices elevated, another large inventory draw could reinforce inflation concerns.
🌍 GLOBAL
UK labor-market data and Germany’s ZEW survey are the main international releases ahead of the U.S. session.