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What traders will watch in the week ahead besides Deutsche Bank

Deutsche Bank shares soar on report of settlement

U.S. stocks will kick off the final quarter of the year with a week of major economic data, while concerns around Deutsche Bank hover.

The September employment report is the big news traders are waiting for, but September ISM manufacturing data due Monday will also be key since it showed a shocking contraction for the month of August.

"I think it's the jobs data, and the ISM report next week. Some of the high-frequency data, are they confirming the slowdown we saw mid-third quarter, or is that a blip?" said Russ Koesterich, head of asset allocation for BlackRock's Global Allocation Fund.