GET READY: Here Comes Another Massive Week For The Global Economy

 

We hope you're having a relaxing weekend. It's going to be another big week for the global economy, kicking off Sunday night.

Sunday evening is the beginning of global PMI day, in which we get surveys from Asia, Europe, South America, and the U.S. about the state of each country's manufacturing sector.

The PMI day festivities start with China and Korean PMIs, then move to Europe in the early hours of Monday, and end with the release of the U.S. ISM report at 10 a.m. ET.

All of the big regions will be key to watch. China is always crucial. Europe seems to be heading into the toilet, and these numbers will provide a crucial gauge on what's going on with that. And then for the U.S., the big question is whether events like the payroll tax holiday and the sequester have mattered at all.

There's a lot more stuff throughout the week.

On Tuesday we get U.S. auto sales.

Then on Wednesday there's Services PMIs along with the ADP jobs report.

Thursday is initial jobless claims.

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