Today's economic calendar features several reports that could influence market sentiment, Treasury yields, and expectations for economic growth. Investors will closely monitor manufacturing activity, inventory data, and Treasury auctions throughout the session. ⭐ Key Economic Events 🕗 8:30 AM ET – Durable Goods Orders ⭐ A key indicator of business investment and manufacturing demand. Markets often react strongly to surprises in this report. 🕗 8:30 AM ET – Retail Inventories (Advance) Provides an early look at inventory levels held by retailers, an important input for GDP calculations. 🕗 8:30 AM ET – Wholesale Inventories (Advance) Measures inventory changes at the wholesale level and offers insight into supply chain activity and economic growth. 🕥 10:30 AM ET – Dallas Fed Manufacturing Survey Tracks manufacturing activity in Texas and serves as a regional indicator of industrial momentum. 🕚 11:00 AM ET – Treasury Buyback Announcement (Preliminary) The U.S. Treasury announces preliminary details of planned debt buyback operations. 🕦 11:30 AM ET – 6-Month Bill Auction Results may provide insight into short-term Treasury demand and interest rate expectations. 🕦 11:30 AM ET – 2-Year Note Auction A closely watched auction reflecting investor expectations for Federal Reserve policy. 🕐 1:00 PM ET – 3-Month Bill Auction Measures demand for short-term government securities. 🕐 1:00 PM ET – 5-Year Note Auction Provides additional insight into Treasury market demand and medium-term interest rate expectations. 📌 Market Focus Today's attention will center on Durable Goods Orders, while Treasury auctions and manufacturing data may influence bond yields, the U.S. dollar, and broader market sentiment ahead of this week's major economic events, including the FOMC meeting and Q2 GDP report.