Which Witch

Today is the third Friday of June, which makes it a "quadruple witching" day with an abundance of equity futures and options expiring at the NYSE close. Sometimes these expirations have a direct impact on CDG and CDS, particularly on the afternoon Globex, so we'll need to be aware of the situation as the day progresses.

But other than that, we should have a reasonably quiet summer Friday. There will be a few datapoints along the way, with the flash PMIs being the most important, but nothing too earth shattering is expected....

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Key Economic Events Week of 7/1

7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI
7/2 9:30 ET Chief Goon Powell
7/2 10:00 ET JOLTS
7/3 8:15 ET ADP jobs report
7/3 9:45 ET S&P Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/3 2:00 ET June FOMC minutes
7/4 US Market Holiday
7/5 8:30 ET BLSBS

randomness