What's on the economic calendar in North American trade
All eyes will be on US equities once again. Futures are up 22 points, roughly halving Friday's decline.
Economic data could be a driver with the September PCE report due at the bottom of the hour. In Friday's GDP report, the consumer was strong and spending is forecast to rise 0.4% in today's report with income rising at the same pace.
On the inflation side, headline PCE and core are both forecast to rise 2.0% y/y, which is right where the Fed wants it.
Fedspeak will is limited to Evans at 1345 GMT as he talks at a regional competitiveness summit. It's tough to imagine anything market moving from him.
At 1430 GMT, the Dallas Fed manufacturing activity index is due. It's rarely a market mover; the prior was 28.1.
For more, see the economic calendar.