Michael Kramer @Themarketchronicles| US economic data set to spark volatility

Michael Kramer highlights the near-term levels to watch across major stock indices, FX pairs and commodities ahead of several key US economic data releases. Tuesday’s ISM manufacturing print for August “wasn’t horrible”, but at 47.2 (up from 46.8 in July) it missed expectations of 47.5. The ISM services reading, out on Thursday, is expected to show a slight weakening in August. It’s also a crucial week for US jobs data, with JOLTS figures out later today, payroll processing firm ADP’s monthly report due on Thursday, and non-farm payrolls on Friday.

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