What to Look for This Week

Inflation will be the top story, with April’s Consumer Price Index releasing on Wednesday 5/10/2023. Look for the Producer Price Index on Thursday 5/11/2023, which will give us news on wholesale inflation.

Also of note, the latest data on optimism among small businesses will be reported by the NFIB on Tuesday 5/9/2023. Jobless Claims will be released as usual on Thursday 5/11/2023.

Investors will also be closely watching Wednesday’s 10-year Note and Thursday’s 30-year Bond auctions for the level of demand.