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macroJun 28, 2026, 1:18 PM

Key Macro Events This Week: Jobs, ISM, and Strait of Hormuz

This week features several important US economic releases, including JOLTS, consumer confidence, ISM manufacturing PMI, and the June jobs report. Markets will also react to the Strait of Hormuz strikes, with US markets closed on Friday for July 4th.

This week's macro calendar is short but packed with key data points. Markets are digesting the impact of recent strikes in the Strait of Hormuz, which occurred earlier today.

Key events for the remainder of the week:

  • Tuesday: May JOLTS Job Openings and June CB Consumer Confidence
  • Wednesday: June ISM Manufacturing PMI
  • Thursday: June Jobs Report (payrolls)
  • Friday: US markets closed for Independence Day

Traders should brace for potential volatility around the employment and manufacturing figures. The Strait of Hormuz situation adds geopolitical uncertainty to the mix.

Source: The Kobeissi Letter