In the coming weeks, these U.S. economic data will be crucial for the market

In the coming weeks, U.S. economic data will have a significant impact on the market. Recently, there has been a divergence between "hard and soft economic data," with strong hard data leading institutions like the Federal Reserve to have uncertain views on the impact of tariffs, while the weakening of soft data suggests that the effects of tariffs may soon become apparent. Bank of America’s Hartnett pointed out that evidence of a shift from hard data to soft data in the coming weeks includes changes in U.S. retail sales and fluctuations in unemployment claims, particularly the ISM manufacturing report on May 1 will be crucial