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Markets face a critical week as U.S. economic data and global politics collide. GDP revisions, jobless claims, and the Fed's key inflation gauge could all sway investor sentiment.

On Thursday, GDP and jobless claims land back-to-back, giving a clearer picture of economic resilience or weakness. Then on Friday, the PCE inflation index-closely watched by the Fed-will test whether rate cuts are still on the table.

Beyond data, geopolitics remains a wildcard. Tensions between the U.S. and China, unrest in the Middle East, and the ongoing war in Ukraine could drive volatility across currencies, equities, and crypto.

Follow .hubs for sharp, weekly breakdowns of the events that move markets. less