The data calendar for Monday is pretty thin. The National Association of Home Builders survey is conducted at 10 am Eastern Standard Time.
Meanwhile, the US Treasury Secretary Janet Yellen He called on Congress on Sunday to raise the federal debt cap. In an opinion piece in The Wall Street Journal, Yellen said failure to raise debt caps could lead to a historic financial crisis.
In addition, investors are looking forward to a new Fed meeting with the Chair. Jerome Powell I will talk on Wednesday.
Powell said earlier that central banks could begin lifting monetary stimulus by the end of the year and investors would look for clues about the tapering process.
Investors are looking forward to the new Fed meeting
Source link Investors are looking forward to the new Fed meeting