Tuesday July 28 2026 | Actual | Previous | Consensus | Forecast |
|
| ||||
02:30 AM |
| 106.6 |
|
|
| |||||
08:35 AM |
|
|
|
|
|
|
| |||
12:15 PM |
|
| 84 |
|
| |||||
12:30 PM |
|
| 10.83% |
|
| |||||
03:30 PM |
|
| 15.5K |
|
|
| ||||
04:00 PM |
|
| 5.1% |
|
| |||||
04:00 PM |
|
| 5.5% |
|
|
| ||||
05:45 PM |
|
| 16.5K |
|
|
|
| |||
06:00 PM |
|
| $-105.9B |
|
| |||||
06:00 PM |
|
| 0.3% |
|
|
| ||||
06:00 PM |
|
| 0.1% |
|
| |||||
06:30 PM |
|
| 1.1% |
|
| |||||
07:30 PM |
| CB Consumer Confidence JUL |
| 91.2 | 92.2 | 92 |
|
| ||
|
| Politburo Meeting |
|
|
|
|
|
| ||
The economic data schedule shifts into gear today, Tuesday, July 28, 2026. While the heavy macroeconomic blockbusters (the Fed decision, Q2 GDP, and Core PCE) hit later this week, today features pivotal data on labor market trends, retail health, and consumer sentiment.
Simultaneously, the Federal Open Market Committee (FOMC) officially begins its two-day policy meeting today.
📅 Today's US Economic Calendar (All Times EST)
Time (EST) | Economic Release | Market Importance | Consensus / Forecast | Prior Release |
08:15 AM | ADP Employment Change Weekly | Medium-High | Early Labor Gauge | 16.5K |
08:30 AM | Advance Goods Trade Balance (June) | Medium | -$101.3B | -$105.9B |
08:30 AM | Advance Retail Inventories (June) | Medium | 0.3% | 0.3% |
09:00 AM | S&P/Case-Shiller 20-City Home Price Index (YoY) | Medium | 1.3% | 1.1% |
10:00 AM | CB Consumer Confidence (July) | HIGH | 91.2 | 92.2 |
10:00 AM | Richmond Fed Manufacturing Index (July) | Medium | 10 | 4 |
04:30 PM | API Weekly Crude Oil Stock Change | Medium-High | Energy Demand Gauge | Supply metrics |
🎯 The Core Headlines & Market Moving Angles Today
1. Consumer Confidence Under the Geopolitical Lens (10:00 AM)
The Conference Board's Consumer Confidence print is today’s crown jewel. Wall Street expects a slight dip to 91.2, reflecting household anxieties surrounding the high-conflict summer backdrop and recent retail price shocks.
Market Trigger: A higher-than-expected print proves American consumer spending remains robust, which could boost retail and discretionary stocks. However, if it plunges below 90, fears of stagflation (slowing growth paired with recent high oil spikes) will ripple through equities ahead of the Fed announcement.
2. Early Labor Blueprint (08:15 AM)
The ADP private payroll metric gives traders an early look at labor demand before Friday’s official government non-farm payroll report. Signs of a flattening labor market could ease hawkish fears that the Fed will tighten policy further.
3. Energy Watch: API Inventories (04:30 PM)
Coming off yesterday's massive relief sell-off—where Brent crude plunged over 8% to settle near $88 a barrel following a pause in U.S.-Iran active airstrikes—the API crude stock print will be heavily scrutinized. Traders want to know if recent geopolitical friction in maritime transit corridors has led to supply backlogs or storage drawdowns.
Here's today's (Tuesday, July 28) U.S. economic calendar — note that a lot of the "consensus/forecast" figures shown are placeholders since the actual data hasn't printed yet:
Key releases today (all times ET):
Time | Event | Previous | Forecast |
8:30 AM | ADP Employment Change (Weekly) | 16.5K | — |
8:30 AM | Goods Trade Balance (Adv, Jun) | -$105.9B | -$99.0B |
8:30 AM | Wholesale Inventories MoM (Adv, Jun) | 0.1% | 0.2% |
9:00 AM | S&P/Case-Shiller Home Price YoY (May) | 1.1% | 1.3% |
9:00 AM | House Price Index MoM (May) | -0.1% | 0.0% |
10:00 AM | CB Consumer Confidence (Jul) | 91.2 | 92 |
10:00 AM | Richmond Fed Manufacturing Index (Jul) | 4 | 7 |
10:00 AM | Dallas Fed Services Index (Jul) | 2.9 | 2 |
11:00 AM | 6-Week Bill Auction | — | — |
12:00 PM | 7-Year Note Auction | — | — |
12:00 PM | Money Supply M2 (Jun) | $23.05T | $22.8T |
4:00 PM | API Crude Oil Stock Change | +2.603M | -1.5M |
The big story this week: Fed Chair Kevin Warsh and his colleagues face a complex challenge at the July 28-29 FOMC meeting — that's the real headline, though the rate decision itself lands tomorrow (Wed, July 29) at 2:00 PM ET, followed by Warsh's press conference. As of July 24, CME FedWatch showed a 64.2% probability of a hold this week, down from 87.2% earlier — so there's real uncertainty priced in.
Rest of the week ahead:
Wed 7/29: FOMC rate decision & press conference (the big one)
Thu 7/30: Q2 GDP (advance), Core PCE, Personal Income/Spending, Initial Jobless Claims — the Bureau of Economic Analysis will also release the Fed's preferred inflation gauge, plus weekly jobless claims
Fri 7/31: Employment Cost Index, Chicago PMI, Michigan Consumer Sentiment (final)
aap kya sochte hai