In addition to the calendar below, while there are none scheduled, speakers from the Federal Reserve are likely to make comments Friday after exiting the policy blackout period tonight.

• US Data/Speaker Calendar (prior, estimate)
• Jul-28 0830 Employment Cost Index (1.2%, 1.1%)
• Jul-28 0830 Personal Income (0.4%, 0.5%)
• Jul-28 0830 Personal Spending (0.1%, 0.4%)
• Jul-28 0830 Real Personal Spending (0.0%, 0.3%)
• Jul-28 0830 PCE Deflator MoM (0.1%, 0.2%), YoY (4.6%, 4.2%)
• Jul-28 0830 PCE Core Deflator MoM (0.3%, 0.2%), YoY (4.6%, 4.2%)
• Jul-28 1000 U. of Mich. Sentiment (72.6, 72.6)
• Jul-28 1000 U. of Mich. Current Conditions (77.5, --)
• Jul-28 1000 U. of Mich. Expectations (69.4, --)
• Jul-28 1000 U. of Mich. 1 Yr Inflation (3.4%, --)
• Jul-28 1000 U. of Mich. 5-10 Yr Inflation (3.1%, 3.0%)
• Jul-28 1100 Kansas City Fed Services Activity (14, --)