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The Week Ahead: Jobs, Fed Front and Center

A handful of Federal Reserve officials are set to take the mic, while the nonfarm payrolls report is due on Friday

Sep 29, 2016 at 10:00 AM
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While this week's action is dominated by Fed speak and inflation data -- and a few stocks moving on earnings -- the Federal Reserve will remain front and center next week. Specifically, traders will parse speeches from several central bank officials, looking for hints as to when the Fed may possibly raise interest rates. Likewise, jobs data will be in the spotlight, culminating in Friday's release of the Labor Department's nonfarm payrolls report.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday, October 3

The week kicks off with motor vehicle sales, Markit's purchasing managers manufacturing index (PMI), the Institute for Supply Management's (ISM) manufacturing index, and construction spending. There are no notable earnings reports on tap.

Tuesday, October 4

There are no economic reports slated for release. However, Richmond Fed President Jeffrey Lacker will speak ahead of the opening bell, while Chicago Fed President Charles Evans will take the mic after the close. Darden Restaurants (DRI) and Micron Technology (MU) will step up to the earnings plate.

Wednesday, October 5

The ADP private-sector employment report will be unveiled on Wednesday, as will international trade data, factory orders, the ISM's non-manufacturing index, and the weekly crude inventories update. Lacker is due to speak after the closing bell. Acuity Brands (AYI), AngioDynamics (ANGO), Constellation Brands (STZ), Monsanto (MON), and Yum! Brands (YUM) will report earnings.

Thursday, October 6

Weekly jobless claims are the lone economic report on Thursday's docket. Earnings are due from Ruby Tuesday (RT).

Friday, October 7

The Labor Department will release September jobs data at 8:30 a.m. ET, with a slew of Fed speeches to follow. Fed Vice Chair Stanley Fischer will kick things off, while Cleveland Fed President Loretta Mester, Kansas City Fed President Esther George, and Fed Governor Lael Brainard are also scheduled to speak. The earnings calendar is bare.

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