There are several economic reports worth looking at this week, but pay closer attention to two economic events.

One will come from London. The other comes Friday from Michigan.

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Both events can cause investors to buy or sell stocks, bonds or even houses. Futures trading Sunday evening suggests stocks will open modestly lower on Monday.

In between are two inflation reports probably that will probably paint a benign inflation picture - for now.

Related: Markets start to gear up for summer drama

Tariff talks resume

The London event is the meeting between U.S. and Chinese trade officials trying to hammer out a workable tariff deal. It's not clear if anything major will come from the me

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