In a critical week for financial markets, the U.S. is set to unveil significant macroeconomic data amidst evolving trade dynamics. Starting on Tuesday, the introduction of 25% tariffs on imports from Canada and Mexico signals a pivotal shift in the U.S. trade policy. This event coincides with President Trump’s inaugural address to Congress, which could set the tone for future legislative initiatives.
On Wednesday, attention turns to the ADP employment figures for February, a crucial indicator of labor market health. Furthermore, insights will be shared by New York Fed President Williams at the Bloomberg Investment Forum, providing market participants with valuable perspectives on monetary policy trends.
Thursday’s releases of initial jobless claims and the Federal Reserve’s Beige Book will further inform investors on economic conditions. Notably, the week concludes with a high-profile cryptocurrency summit hosted by President Trump at the White House, alongside critical employment metrics, including the February unemployment rate and nonfarm payroll figures, thus shaping the financial landscape going forward.